49 Clement LnLong lakeNY12847
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Long lake at 49 Clement Ln, Long lake, NY, 12847 listed at $334,000 pairs $2,500/mo rent with a $1,635/mo payment to leave $269/mo cash flow. Total monthly income runs $2,500/mo, and annual cash flow reaches $3,232/yr on $110,721 cash to close. Return on cash invested measures 22.83% in year one, and rental yield registers 8.98% at a $334,000 basis. Equity gained on principal adds $2,155/yr, and annual property appreciation at 5% supports $92,278 by year five. Five-year ROI tracks 119.17% and total cumulative return in cash totals $131,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,500/mo property income relative to a $1,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1860
8.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12847, Long Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 303 (19.7%) |
| Renter Occupied HU | 70 ( 4.6%) |
| Vacant Housing Units | 1,163 (75.7%) |
| Median Home Value | $299,342 |
| Average Home Value | $381,667 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
53
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Listed by: Caleb Thompson • Long Lake Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202605
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.