2 Cherry StreetHudson FallsNY12839
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 Hudson Falls at 2 Cherry Street, Hudson Falls, NY, 12839 offers $1,393/mo rent that, after a $978/mo payment, leaves $59/mo cash flow. Total monthly income is $1,393/mo, and annual cash flow is $702/yr on $66,267 cash. Return on cash invested measures 20.97% in year one, and rental yield stands at 8.36% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 109.18% and total cumulative return in cash reaches $72,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,393/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12839, Hudson Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,305 (100%) |
| Owner Occupied HU | 3,330 (52.8%) |
| Renter Occupied HU | 2,554 (40.5%) |
| Vacant Housing Units | 421 ( 6.7%) |
| Median Home Value | $178,947 |
| Average Home Value | $269,636 |
Housing Distribution
Address Breakdown
Residential
5,847
Single Family
5,461
Multi-Family
386
Businesses
332
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Listed by: Bradley Laustrup • Properly
Mls Name: Global MLS
Mls ID: #202610380