49 Gilliland LnWillsboroNY12996
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 Willsboro at 49 Gilliland Ln, Willsboro, NY, 12996 offers $2,353/mo rent that, after a $2,374/mo payment. Total monthly income is $2,353/mo. Return on cash invested measures 13.3% in year one, and rental yield stands at 5.82% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 68.05% and total cumulative return in cash reaches $109,406. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,353/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1810
0.82 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: Susan Babcock • Engel & Volkers Lake Placid Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201875
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.