956 Deerland RoadLong LakeNY12847
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 Long Lake at 956 Deerland Road, Long Lake, NY, 12847 at $174,900 posts ROI 30.26% with $500/mo cash flow from $1,668/mo rent. Total monthly income equals $1,668/mo, and annual cash flow records $6,001/yr on $57,979 to close. Return on cash invested measures 30.26% and rental yield reads 11.44% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 159.06% and total cumulative return in cash totals $92,220.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,668/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12847, Long Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 303 (19.7%) |
| Renter Occupied HU | 70 ( 4.6%) |
| Vacant Housing Units | 1,163 (75.7%) |
| Median Home Value | $299,342 |
| Average Home Value | $381,667 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Saumell Jr. • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202515333
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker