22 Joyce LnWillsboroNY12996
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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 Willsboro at 22 Joyce Ln, Willsboro, NY, 12996 uses $56,355 cash to close to unlock $3,682/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $832/mo payment keeps the spread at $307/mo. Purchase price stands at $170,000, and rental yield measures 10.18% with $1,442/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 138.53% and total cumulative return in cash records $78,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1880
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12996, Willsboro, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,555 (100%) |
| Owner Occupied HU | 693 (44.6%) |
| Renter Occupied HU | 170 (10.9%) |
| Vacant Housing Units | 692 (44.5%) |
| Median Home Value | $279,587 |
| Average Home Value | $368,575 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
724
Multi-Family
12
Businesses
70
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Listed by: Penny Daniels • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202921
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.