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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Glens Falls at 20 Walnut Street, Glens Falls, NY, 12801 offers $2,206/mo rent that, after a $832/mo payment, leaves $1,071/mo cash flow. Total monthly income is $2,206/mo, and annual cash flow is $12,852/yr on $56,322 cash. Return on cash invested measures 42.73% in year one, and rental yield stands at 15.58% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 225.93% and total cumulative return in cash reaches $127,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,206/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
| 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 |
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tess Goodge • Hunt ERA
Mls Name: Global MLS
Mls ID: #202525665
