68 Mitchell LnTupper LakeNY12986
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
Investment property for sale in Tupper Lake at 68 Mitchell Ln, Tupper Lake, NY, 12986 at $359,900 posts ROI 27.31% with $736/mo cash flow from $3,140/mo rent. Total monthly income equals $3,140/mo, and annual cash flow records $8,834/yr on $119,307 to close. Return on cash invested measures 27.31% and rental yield reads 10.47% at the current $359,900. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 by year five. Five-year ROI prints 143.22% and total cumulative return in cash totals $170,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12986, Tupper Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,878 (100%) |
| Owner Occupied HU | 1,702 (43.9%) |
| Renter Occupied HU | 741 (19.1%) |
| Vacant Housing Units | 1,435 (37.0%) |
| Median Home Value | $175,000 |
| Average Home Value | $250,400 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,522
Multi-Family
215
Businesses
222
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Listed by: Bridgette LaPierre • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls ID: #206134