309 Farrell RdWillsboroNY12996
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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 309 Farrell Rd, Willsboro, NY, 12996 offers a 2.14% rental yield on a $1,187,000 purchase with $2,119/mo rent. 25% in year one. Equity gained on principal adds $7,660/yr while 5% annual appreciation supports $327,946 over five years. Portfolio math shows five-year ROI at 8.7% and total cumulative return in cash at $33,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $5,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7.17 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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