24 Rock StreetTiconderogaNY12883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 24 Rock Street, Ticonderoga, NY, 12883 priced at $167,900 pairs $1,535/mo rent with $414/mo cash flow after a $822/mo payment. Total monthly income equals $1,535/mo, and annual cash flow comes to $4,963/yr on $55,659 invested. Return on cash invested is 28.83% in year one, and rental yield stands at 10.97% on a $167,900 basis. Equity gained on principal adds $1,083/yr, and 5% annual appreciation accumulates to $46,388 by year five. Five-year ROI measures 151.33% and total cumulative return in cash reaches $84,226. For financing, Ziffy Mortgage’s DSCR program evaluates $1,535/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
4,356 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: Lori Ann Alteri-Nadeau • NLG Realty.com
Mls Name: Global MLS
Mls ID: #202610784