153 Bay 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
Investment property for sale in Glens Falls at 153 Bay Street, Glens Falls, NY, 12801 earns from $3,182/mo rent with a $4,894/mo payment. Total monthly income totals $3,182/mo. ROI tracks 7.31% on current figures, and rental yield reads 3.82% at a $999,900 purchase. Equity gained on principal adds $6,452/yr, and 5% annual appreciation supports $276,254 over five years. Five-year ROI reaches 35.89% and total cumulative return in cash sums $118,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,182/mo property income instead of your personal income.
Single Family
Built in 1892
0.29 Acres 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: Kathie A Spangler • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls ID: #202524559