8 Pimstein AveTupper LakeNY12986
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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
Rental property for sale in Tupper Lake at 8 Pimstein Ave, Tupper Lake, NY, 12986 offers $1,511/mo rent that, after a $954/mo payment, leaves $209/mo cash flow. Total monthly income is $1,511/mo, and annual cash flow is $2,511/yr on $64,643 cash. Return on cash invested measures 23.79% in year one, and rental yield stands at 9.3% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 124.37% and total cumulative return in cash reaches $80,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,511/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.30 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: Blythe Niles-Linster • Engel & Volkers Lake Placid Real Estate
Mls Name: ACVMLS
Mls ID: #206215