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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Glens Falls at 18 Towpath Lane, Glens Falls, NY, 12801 generates $2,207/mo in rent and, after a $1,096/mo payment, leaves $712/mo in cash flow. Total monthly income is $2,207/mo, and annual cash flow is $8,538/yr on $74,256 invested. Return on cash invested sits at 31.41% in year one, and rental yield is 11.82% on a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 165.17% and total cumulative return in cash sums $122,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
| 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 |
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $224,000 |
| 2005-10-11 | Sold | $139,900 |
| 2002-05-13 | Sold | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | N/A | N/A | $210,200 | N/A |
| 2022-03-13 | N/A | N/A | $210,200 | 112.11% |
| 2021-03-13 | N/A | N/A | $99,100 | N/A |
Listed by: Julie A Snyder • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202513193
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
