21 Willow 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 Willow Street, Gloversville, NY, 12078 at $195,000 posts ROI 27.38% with $402/mo cash flow from $1,704/mo rent. Total monthly income equals $1,704/mo, and annual cash flow records $4,827/yr on $64,643 to close. Return on cash invested measures 27.38% and rental yield reads 10.49% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 143.57% and total cumulative return in cash totals $92,806.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,704/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1886
5,662 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
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Listed by: Chad J Majewski • Chad Majewski Real Estate
Mls Name: Global MLS
Mls ID: #202530551