101 Groveside RoadHoosick FallsNY12090
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 Hoosick Falls at 101 Groveside Road, Hoosick Falls, NY, 12090 offers $1,866/mo rent that, after a $1,297/mo payment, leaves $96/mo cash flow. Total monthly income is $1,866/mo, and annual cash flow is $1,157/yr on $87,848 cash. Return on cash invested measures 21.23% in year one, and rental yield stands at 8.45% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 110.57% and total cumulative return in cash reaches $97,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,866/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12090, Hoosick Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,664 (59.1%) |
| Renter Occupied HU | 774 (27.5%) |
| Vacant Housing Units | 376 (13.4%) |
| Median Home Value | $249,770 |
| Average Home Value | $390,539 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,416
Multi-Family
4
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shana Edwards • KW Platform
Mls Name: Global MLS
Mls ID: #202521358