20 Putnam AvenueFort EdwardNY12828
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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 Fort Edward at 20 Putnam Avenue, Fort Edward, NY, 12828 offers $2,017/mo rent that, after a $1,174/mo payment, leaves $415/mo cash flow. Total monthly income is $2,017/mo, and annual cash flow is $4,982/yr on $79,527 cash. Return on cash invested measures 26.17% in year one, and rental yield stands at 10.09% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 137.14% and total cumulative return in cash reaches $109,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,017/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12828, Fort Edward, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,986 (100%) |
| Owner Occupied HU | 2,674 (67.1%) |
| Renter Occupied HU | 998 (25.0%) |
| Vacant Housing Units | 314 ( 7.9%) |
| Median Home Value | $243,968 |
| Average Home Value | $287,952 |
Housing Distribution
Address Breakdown
Residential
4,163
Single Family
4,094
Multi-Family
69
Businesses
178
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Listed by: Rebecca J Dittmeier • Country Horizon Realty
Mls Name: Global MLS
Mls ID: #202523039