17 Baker DriveGansevoortNY12831
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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 Gansevoort at 17 Baker Drive, Gansevoort, NY, 12831 with 5% annual appreciation on a $384,999 basis while $2,869/mo rent supports operations. Total monthly income totals $2,869/mo and a $1,884/mo payment preserves $298/mo for cash returns. Annual cash flow comes to $3,581/yr on $127,627 deployed, and return on cash invested reaches 22.71% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 8.94%. Five-year ROI measures 118.53% and total cumulative return in cash totals $151,282.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,869/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12831, Gansevoort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 5,936 (73.6%) |
| Renter Occupied HU | 1,688 (20.9%) |
| Vacant Housing Units | 440 ( 5.5%) |
| Median Home Value | $384,945 |
| Average Home Value | $429,250 |
Housing Distribution
Address Breakdown
Residential
7,143
Single Family
6,905
Multi-Family
238
Businesses
258
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Listed by: Cindy L Anthis • Hunt ERA
Mls Name: Global MLS
Mls ID: #202525429