1766 State Route 196Fort EdwardNY12828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Edward at 1766 State Route 196, Fort Edward, NY, 12828 generates $1,718/mo in rent and, after a $1,223/mo payment, leaves $49/mo in cash flow. Total monthly income is $1,718/mo, and annual cash flow is $592/yr on $82,842 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 8.25% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $88,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
2.73 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy DeBlois • Tailored Real Estate Group
Mls Name: Global MLS
Mls ID: #202524017