974 Big Brook RdIndian 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 974 Big Brook Rd, Indian Lake, NY, 12842 earns $391/mo cash flow from $1,660/mo rent with a $930/mo payment. Total monthly income totals $1,660/mo, and annual cash flow totals $4,694/yr on $62,985 capital. ROI tracks 27.36% on current figures, and rental yield reads 10.48% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 143.5% and total cumulative return in cash sums $90,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,660/mo property income instead of your personal income.
Single Family
Built in 1985
1.50 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: Jeffrey Lemelson • Gadway Realty
Mls Name: ACVMLS
Mls ID: #204948