56 Ragged Lake RdOwls HeadNY12969
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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 Owls Head at 56 Ragged Lake Rd, Owls Head, NY, 12969 with 5% annual appreciation on a $215,000 basis while $1,798/mo rent supports operations. Total monthly income totals $1,798/mo and a $1,052/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,351/yr on $71,273 deployed, and return on cash invested reaches 26.01% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.04%. Five-year ROI measures 136.23% and total cumulative return in cash totals $97,093.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,798/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
8.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12969, Owls Head, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 167 (33.9%) |
| Renter Occupied HU | 23 ( 4.7%) |
| Vacant Housing Units | 302 (61.4%) |
| Median Home Value | $207,500 |
| Average Home Value | $233,623 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
8
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Listed by: Alanna Mills • Home Roots Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205251
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.