404 Black Point RoadTiconderogaNY12883
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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 404 Black Point Road, Ticonderoga, NY, 12883 generates $1,865/mo in rent, after a $2,227/mo payment. Total monthly income is $1,865/mo. Return on cash invested sits at 10.57% in year one, and rental yield is 4.92% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 53.43% and total cumulative return in cash sums $80,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,865/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.96 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: #202611324