113 Bluebird LaneGloversvilleNY12078
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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
Rental property for sale in Gloversville at 113 Bluebird Lane, Gloversville, NY, 12078 offers $4,301/mo rent that, after a $2,814/mo payment, leaves $462/mo cash flow. Total monthly income is $4,301/mo, and annual cash flow is $5,539/yr on $189,175 cash. Return on cash invested measures 22.99% in year one, and rental yield stands at 8.98% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 119.97% and total cumulative return in cash reaches $226,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,301/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12078, Gloversville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 5,964 (49.5%) |
| Renter Occupied HU | 3,975 (33.0%) |
| Vacant Housing Units | 2,115 (17.5%) |
| Median Home Value | $163,814 |
| Average Home Value | $228,485 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,594
Multi-Family
598
Businesses
570
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Listed by: Anne Marie Bouyea • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202524909