14 Stevens StreetGlens FallsNY12801
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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 Glens Falls at 14 Stevens Street, Glens Falls, NY, 12801 priced at $120,000 converts $949/mo rent into $148/mo cash flow after a $587/mo obligation. Total monthly income equals $949/mo, and annual cash flow totals $1,776/yr on $39,780 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 9.49% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 127.41% and total cumulative return in cash sums $50,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $949/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 2026
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,707 (100%) |
| Owner Occupied HU | 3,276 (42.5%) |
| Renter Occupied HU | 3,748 (48.6%) |
| Vacant Housing Units | 683 ( 8.9%) |
| Median Home Value | $205,298 |
| Average Home Value | $247,030 |
Housing Distribution
Address Breakdown
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
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Listed by: Sarah Newton • Schermerhorn Realty Group LLC
Mls Name: Global MLS
Mls ID: #202611459