6387 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 6387 State Route 30, Indian Lake, NY, 12842 uses $51,449 cash to close to unlock $2,427/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,239/mo, and a $760/mo payment keeps the spread at $202/mo. Purchase price stands at $155,200, and rental yield measures 9.58% with $1,239/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $42,879 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash records $66,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,239/mo property income covering a $760/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.30 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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Listed by: Saraha Millington • Gallo Realty ADK Inc
Mls Name: Global MLS
Mls ID: #202520347