23 Challedon DriveGansevoortNY12831
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 Gansevoort at 23 Challedon Drive, Gansevoort, NY, 12831 at $685,000 posts ROI 22.41% with $440/mo cash flow from $5,015/mo rent. Total monthly income equals $5,015/mo, and annual cash flow records $5,285/yr on $225,365 to close. Return on cash invested measures 22.41% and rental yield reads 8.79% at the current $685,000. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 by year five. Five-year ROI prints 116.85% and total cumulative return in cash totals $263,338.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,015/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12831, Gansevoort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 5,936 (73.6%) |
| Renter Occupied HU | 1,688 (20.9%) |
| Vacant Housing Units | 440 ( 5.5%) |
| Median Home Value | $384,945 |
| Average Home Value | $429,250 |
Housing Distribution
Address Breakdown
Residential
7,143
Single Family
6,905
Multi-Family
238
Businesses
258
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Listed by: Barbara R DeRizzo • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202522964