1 New Kent DriveGansevoortNY12831
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
Investment property for sale in Gansevoort at 1 New Kent Drive, Gansevoort, NY, 12831 earns $711/mo cash flow from $3,314/mo rent with a $1,908/mo payment. Total monthly income totals $3,314/mo, and annual cash flow totals $8,528/yr on $129,252 capital. ROI tracks 26.51% on current figures, and rental yield reads 10.2% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 138.86% and total cumulative return in cash sums $179,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,314/mo property income instead of your personal income.
Single Family
Built in 1993
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12831, Gansevoort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 5,936 (73.6%) |
| Renter Occupied HU | 1,688 (20.9%) |
| Vacant Housing Units | 440 ( 5.5%) |
| Median Home Value | $384,945 |
| Average Home Value | $429,250 |
Housing Distribution
Address Breakdown
Residential
7,143
Single Family
6,905
Multi-Family
238
Businesses
258
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Listed by: Kathleen A Carswell • KW Platform
Mls Name: Global MLS
Mls ID: #202526999