21 Wells StreetGloversvilleNY12078
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 Gloversville at 21 Wells Street, Gloversville, NY, 12078 at $189,900 posts ROI 24.01% with $215/mo cash flow from $1,483/mo rent. Total monthly income equals $1,483/mo, and annual cash flow records $2,584/yr on $62,952 to close. Return on cash invested measures 24.01% and rental yield reads 9.37% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 125.55% and total cumulative return in cash totals $79,037.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,483/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12078, Gloversville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 5,964 (49.5%) |
| Renter Occupied HU | 3,975 (33.0%) |
| Vacant Housing Units | 2,115 (17.5%) |
| Median Home Value | $163,814 |
| Average Home Value | $228,485 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,594
Multi-Family
598
Businesses
570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robyn R Huckans • Huck Realty, LLC
Mls Name: Global MLS
Mls ID: #202531092