6243 State Route 30Indian LakeNY12842
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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 Indian Lake at 6243 State Route 30, Indian Lake, NY, 12842 at $215,000 posts ROI 29.28% with $557/mo cash flow from $1,992/mo rent. Total monthly income equals $1,992/mo, and annual cash flow records $6,679/yr on $71,273 to close. Return on cash invested measures 29.28% and rental yield reads 11.12% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 153.77% and total cumulative return in cash totals $109,597.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
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
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Nearby investment properties with comparable prices
Listed by: James Blanchard • Timm Associates Sotheby's International Realty-BML
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201382
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.