60 Cooper StLake GeorgeNY12845
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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 Lake George at 60 Cooper St, Lake George, NY, 12845 at $895,000 posts ROI 8.29% with from $3,090/mo rent. Total monthly income equals $3,090/mo. Return on cash invested measures 8.29% and rental yield reads 4.14% at the current $895,000. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 by year five. Five-year ROI prints 41.17% and total cumulative return in cash totals $121,214. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,090/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12845, Lake George, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,290 (100%) |
| Owner Occupied HU | 1,624 (37.9%) |
| Renter Occupied HU | 640 (14.9%) |
| Vacant Housing Units | 2,026 (47.2%) |
| Median Home Value | $398,131 |
| Average Home Value | $565,530 |
Housing Distribution
Address Breakdown
Residential
2,460
Single Family
2,424
Multi-Family
36
Businesses
420
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Listed by: Allen VanHoff • Howard Hanna Capital, Inc (Queensbury)
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204623
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.