1612 Route 9Fort EdwardNY12828
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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 Fort Edward at 1612 Route 9, Fort Edward, NY, 12828 offers a 14.94% rental yield on a $165,000 purchase with $2,054/mo rent. Total monthly income registers $2,054/mo, and a $808/mo payment leaves $952/mo available for distribution. Annual cash flow reaches $11,421/yr on $54,698 to close, and return on cash invested stands at 40.79% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 215.46% and total cumulative return in cash at $117,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,054/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12828, Fort Edward, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,986 (100%) |
| Owner Occupied HU | 2,674 (67.1%) |
| Renter Occupied HU | 998 (25.0%) |
| Vacant Housing Units | 314 ( 7.9%) |
| Median Home Value | $243,968 |
| Average Home Value | $287,952 |
Housing Distribution
Address Breakdown
Residential
4,163
Single Family
4,094
Multi-Family
69
Businesses
178
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