16 Carillon RoadTiconderogaNY12883
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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 Ticonderoga at 16 Carillon Road, Ticonderoga, NY, 12883 offers $2,422/mo rent that, after a $1,468/mo payment, leaves $419/mo cash flow. Total monthly income is $2,422/mo, and annual cash flow is $5,030/yr on $99,417 cash. Return on cash invested measures 24.97% in year one, and rental yield stands at 9.69% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 130.65% and total cumulative return in cash reaches $129,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,422/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12883, Ticonderoga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,901 (100%) |
| Owner Occupied HU | 1,487 (51.3%) |
| Renter Occupied HU | 614 (21.2%) |
| Vacant Housing Units | 800 (27.6%) |
| Median Home Value | $199,316 |
| Average Home Value | $254,573 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,079
Multi-Family
90
Businesses
175
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Listed by: Terry B Brannock • Brannock Properties
Mls Name: Global MLS
Mls ID: #202611049