158 Joy Tract RdOld ForgeNY13420
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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 Old Forge at 158 Joy Tract Rd, Old Forge, NY, 13420 listed at $375,000 pairs $1,327/mo rent with a $1,835/mo payment. Total monthly income runs $1,327/mo. Return on cash invested measures 8.55% in year one, and rental yield registers 4.25% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 42.59% and total cumulative return in cash totals $52,947. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,327/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13420, Old Forge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 492 (20.3%) |
| Renter Occupied HU | 137 ( 5.7%) |
| Vacant Housing Units | 1,793 (74.0%) |
| Median Home Value | $350,000 |
| Average Home Value | $456,712 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
92
Multi-Family
3
Businesses
137
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