23 Birch AvenueGlens FallsNY12801
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 Glens Falls at 23 Birch Avenue, Glens Falls, NY, 12801 priced at $264,999 pairs $1,638/mo rent with after a $1,297/mo payment. Total monthly income equals $1,638/mo. Return on cash invested is 18.11% in year one, and rental yield stands at 7.42% on a $264,999 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,214 by year five. Five-year ROI measures 93.88% and total cumulative return in cash reaches $82,467. For financing, Ziffy Mortgage’s DSCR program evaluates $1,638/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1922
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy L Anthis • Hunt ERA
Mls Name: Global MLS
Mls ID: #202524185