196 Sanford StGlens FallsNY12801
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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 Glens Falls at 196 Sanford St, Glens Falls, NY, 12801 offers $1,661/mo rent that, after a $1,112/mo payment, leaves $144/mo cash flow. Total monthly income is $1,661/mo, and annual cash flow is $1,728/yr on $75,284 cash. Return on cash invested measures 22.2% in year one, and rental yield stands at 8.78% at a $227,100 entry. Equity gained on principal adds $1,465/yr while 5% annual appreciation compounds into $62,744 by year five. Five-year ROI records 115.86% and total cumulative return in cash reaches $87,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,661/mo property income versus a $1,112/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
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Listed by: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #202423188