Saranac Lake, NY Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Saranac Lake, NY. Based on 10+ datapoints.
Saranac Lake, NY Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
7%
Avg Cash on Cash
1.9%
Median Cashflow
$114/mo
Avg Rent Estimate
$3,551/mo
Avg Price
$402,140
Price Range
$115,100 - $685,000
Rent to Price
0.88%
okay ratio
Positive Cashflow
60%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Saranac Lake, NY
Saranac Lake, NY is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 1.9%.
Across 10+ analyzed properties, Saranac Lake, NY mid-term rental investments show a median monthly cashflow of $114 with average furnished rent estimates of $3,551/month. These figures reflect real property data, not projections.
615 Kiwassa Lake Rd, Saranac Lake, NY 12983
Price
$657,600
Rent
$2,966
CachFlow
-$2,368
CoC
-18.2
Saranac Lake, NY Mid-Term Rental Market Insights
- •Positive median cashflow of $114/month indicates most investors cover expenses
- •7% median cap rate reflects a balanced risk-return profile
- •60% positive cashflow rate means roughly half properties are cash-flow positive
- •Mid-to-upper tier market with properties from $115,100 to $685,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals