536 E Shore DriveAdirondackNY12808
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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
Rental property for sale in Adirondack at 536 E Shore Drive, Adirondack, NY, 12808 priced at $1,349,990 converts $5,036/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,036/mo. Return on cash invested prints 9.45% in year one, and rental yield reads 4.48% against a $1,349,990 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,977 by year five. Five-year ROI reaches 47.33% and total cumulative return in cash sums $207,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,036/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12808, Adirondack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 510 (100%) |
| Owner Occupied HU | 155 (30.4%) |
| Renter Occupied HU | 18 ( 3.5%) |
| Vacant Housing Units | 337 (66.1%) |
| Median Home Value | $475,000 |
| Average Home Value | $573,274 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
12
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Listed by: Richard Carr • Carr Real Estate Group, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421791
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker