6166 Highway 28Indian LakeNY12842
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 6166 Highway 28, Indian Lake, NY, 12842 in Indian Lake the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $149,000 price is below income-first thresholds, but 5%/yr value growth projects $41,166 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1887
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12842, Indian Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 505 (33.9%) |
| Renter Occupied HU | 119 ( 8.0%) |
| Vacant Housing Units | 865 (58.1%) |
| Median Home Value | $305,137 |
| Average Home Value | $335,262 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
306
Multi-Family
16
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1887
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12842, Indian Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 505 (33.9%) |
| Renter Occupied HU | 119 ( 8.0%) |
| Vacant Housing Units | 865 (58.1%) |
| Median Home Value | $305,137 |
| Average Home Value | $335,262 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
306
Multi-Family
16
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Allen VanHoff • Howard Hanna Capital, Inc (Queensbury)
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205033
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.