2 Moonglow RdGansevoortNY12831
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 Gansevoort at 2 Moonglow Rd, Gansevoort, NY, 12831 offers $3,316/mo rent that, after a $1,830/mo payment, leaves $819/mo cash flow. Total monthly income is $3,316/mo, and annual cash flow is $9,831/yr on $123,948 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 10.64% at a $373,900 entry. Equity gained on principal adds $2,413/yr while 5% annual appreciation compounds into $103,302 by year five. Five-year ROI records 146.04% and total cumulative return in cash reaches $181,013. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,316/mo property income versus a $1,830/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.74 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A