2 Margaret DriveQueensburyNY12804
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
Investment property for sale in Queensbury at 2 Margaret Drive, Queensbury, NY, 12804 earns $782/mo cash flow from $2,418/mo rent with a $1,199/mo payment. Total monthly income totals $2,418/mo, and annual cash flow totals $9,385/yr on $81,218 capital. ROI tracks 31.46% on current figures, and rental yield reads 11.84% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 165.51% and total cumulative return in cash sums $134,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,418/mo property income instead of your personal income.
Townhouse
Built in 1987
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela D Lattimore • The Lattimore Group, LLC
Mls Name: Global MLS
Mls ID: #202524582