54 Youngs RdStar LakeNY13690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Star Lake at 54 Youngs Rd, Star Lake, NY, 13690 offers $1,873/mo rent that, after a $675/mo payment, leaves $952/mo cash flow. Total monthly income is $1,873/mo, and annual cash flow is $11,425/yr on $45,714 cash. Return on cash invested measures 44.9% in year one, and rental yield stands at 16.3% at a $137,900 entry. Equity gained on principal adds $890/yr while 5% annual appreciation compounds into $38,099 by year five. Five-year ROI records 237.62% and total cumulative return in cash reaches $108,623. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $675/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13690, Star Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 242 (47.3%) |
| Renter Occupied HU | 73 (14.3%) |
| Vacant Housing Units | 197 (38.5%) |
| Median Home Value | $209,722 |
| Average Home Value | $222,438 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
39
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Listed by: Cecilia Ghose • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202714
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.