111 Pike StreetBroadalbinNY12025
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 Broadalbin at 111 Pike Street, Broadalbin, NY, 12025 at $295,000 posts ROI 24.17% with $347/mo cash flow from $2,317/mo rent. Total monthly income equals $2,317/mo, and annual cash flow records $4,163/yr on $97,793 to close. Return on cash invested measures 24.17% and rental yield reads 9.43% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 126.31% and total cumulative return in cash totals $123,518.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,317/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12025, Broadalbin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 1,947 (61.0%) |
| Renter Occupied HU | 404 (12.7%) |
| Vacant Housing Units | 842 (26.4%) |
| Median Home Value | $265,086 |
| Average Home Value | $317,835 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,217
Multi-Family
0
Businesses
118
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Nearby investment properties with comparable prices
Listed by: John G Baker • Spinnaker Realty Sales, LLC
Mls Name: Global MLS
Mls ID: #202523422