2374 State Route 4Fort EdwardNY12828
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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 Fort Edward at 2374 State Route 4, Fort Edward, NY, 12828 generates $2,806/mo in rent and, after a $1,713/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,806/mo, and annual cash flow is $5,628/yr on $115,992 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 9.62% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 129.54% and total cumulative return in cash sums $150,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,806/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12828, Fort Edward, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,986 (100%) |
| Owner Occupied HU | 2,674 (67.1%) |
| Renter Occupied HU | 998 (25.0%) |
| Vacant Housing Units | 314 ( 7.9%) |
| Median Home Value | $243,968 |
| Average Home Value | $287,952 |
Housing Distribution
Address Breakdown
Residential
4,163
Single Family
4,094
Multi-Family
69
Businesses
178
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Listed by: Nicholas Khachadourian • KW Platform
Mls Name: Global MLS
Mls ID: #202525510