22 George StreetTiconderogaNY12883
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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 22 George Street, Ticonderoga, NY, 12883 generates $1,492/mo in rent and, after a $954/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,492/mo, and annual cash flow is $2,283/yr on $64,643 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.18% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 122.46% and total cumulative return in cash sums $79,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,492/mo property income rather than buyer’s personal income.
Apartment
Built in 1900
8,712 sqft 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: Casey King • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls ID: #202528494