16 Mountain Hollow WayQueensburyNY12804
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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 Queensbury at 16 Mountain Hollow Way, Queensbury, NY, 12804 priced at $245,000 converts $3,193/mo rent into $1,387/mo cash flow after a $1,199/mo obligation. Total monthly income equals $3,193/mo, and annual cash flow totals $16,645/yr on $81,218 invested. Return on cash invested prints 40.4% in year one, and rental yield reads 15.64% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 214.34% and total cumulative return in cash sums $174,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,193/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
435.60 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
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Listed by: Angela Cugini-Girard • eXp Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427335
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