617 Big Brook RdIndian LakeNY12842
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 Indian Lake at 617 Big Brook Rd, Indian Lake, NY, 12842 priced at $915,000 pairs $6,401/mo rent with $291/mo cash flow after a $4,478/mo payment. Total monthly income equals $6,401/mo, and annual cash flow comes to $3,495/yr on $301,035 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 8.39% on a $915,000 basis. Equity gained on principal adds $5,904/yr, and 5% annual appreciation accumulates to $252,798 by year five. Five-year ROI measures 110.5% and total cumulative return in cash reaches $332,633. For financing, Ziffy Mortgage’s DSCR program evaluates $6,401/mo property income against a $4,478/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
41 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
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Nearby investment properties with comparable prices
Listed by: Dawn Timm • Timm Associates Sotheby's International Realty-BML
Mls Name: ACVMLS
Mls ID: #206176