38 Third AvenueTiconderogaNY12883
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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 38 Third Avenue, Ticonderoga, NY, 12883 priced at $245,000 pairs $2,242/mo rent with $606/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,242/mo, and annual cash flow comes to $7,273/yr on $81,218 invested. Return on cash invested is 28.86% in year one, and rental yield stands at 10.98% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 151.56% and total cumulative return in cash reaches $123,096. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
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: Brenda Wells • Glebus Realty Inc.
Mls Name: Global MLS
Mls ID: #202517718