6 McLaughlin AveTupper LakeNY12986
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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 Tupper Lake at 6 McLaughlin Ave, Tupper Lake, NY, 12986 earns $345/mo cash flow from $1,874/mo rent with a $1,121/mo payment. Total monthly income totals $1,874/mo, and annual cash flow totals $4,135/yr on $75,914 capital. ROI tracks 25.36% on current figures, and rental yield reads 9.82% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash sums $100,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,874/mo property income instead of your personal income.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12986, Tupper Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,878 (100%) |
| Owner Occupied HU | 1,702 (43.9%) |
| Renter Occupied HU | 741 (19.1%) |
| Vacant Housing Units | 1,435 (37.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $250,400 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,522
Multi-Family
215
Businesses
222
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Listed by: Linda Pickering • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204206
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.