6 Wayne 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
Investment property for sale in Ticonderoga at 6 Wayne Avenue, Ticonderoga, NY, 12883 uses $69,582 cash to close to unlock $140/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $1,413/mo, and a $1,027/mo payment keeps the spread at $12/mo. Purchase price stands at $209,900, and rental yield measures 8.08% with $1,413/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 104.57% and total cumulative return in cash records $72,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,413/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1895
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: Casey King • Julie & Co Realty LLC
Mls Name: Global MLS
Mls ID: #202527250