729 Standish RdSaranacNY12981
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 Saranac at 729 Standish Rd, Saranac, NY, 12981 priced at $215,000 converts $1,457/mo rent into $22/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,457/mo, and annual cash flow totals $259/yr on $71,273 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 8.13% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 105.45% and total cumulative return in cash sums $75,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,457/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12981, Saranac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,051 (64.9%) |
| Renter Occupied HU | 274 (16.9%) |
| Vacant Housing Units | 294 (18.2%) |
| Median Home Value | $187,090 |
| Average Home Value | $204,477 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
912
Multi-Family
21
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Wheeler • Commercial Site Services
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202908
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.