181 Traver RdGansevoortNY12831
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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 Gansevoort at 181 Traver Rd, Gansevoort, NY, 12831 priced at $689,000 converts $2,564/mo rent into after a $3,372/mo obligation. Total monthly income equals $2,564/mo. Return on cash invested prints 9.28% in year one, and rental yield reads 4.47% against a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation compiles into $190,358 by year five. Five-year ROI reaches 46.46% and total cumulative return in cash sums $105,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $3,372/mo payment, not borrower’s personal income.
Home Type Unknown
Built in 1960
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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