141 Fifth AvenueGloversvilleNY12078
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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
Investment property for sale in Gloversville at 141 Fifth Avenue, Gloversville, NY, 12078 uses $61,328 cash to close to unlock $2,149/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,414/mo, and a $905/mo payment keeps the spread at $179/mo. Purchase price stands at $185,000, and rental yield measures 9.17% with $1,414/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 122.36% and total cumulative return in cash records $75,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,414/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,098 sqft 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: Cathy Libecci • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202511190
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker