56 Race Track 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
Investment property for sale in Ticonderoga at 56 Race Track Road, Ticonderoga, NY, 12883 listed at $135,000 pairs $1,015/mo rent with a $661/mo payment to leave $113/mo cash flow. Total monthly income runs $1,015/mo, and annual cash flow reaches $1,359/yr on $44,753 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 9.02% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 119.86% and total cumulative return in cash totals $53,641. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,015/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
1 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: #202518698