251 Big Bay RoadQueensburyNY12804
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 Queensbury at 251 Big Bay Road, Queensbury, NY, 12804 priced at $444,000 converts $4,132/mo rent into $1,167/mo cash flow after a $2,173/mo obligation. Total monthly income equals $4,132/mo, and annual cash flow totals $14,006/yr on $147,186 invested. Return on cash invested prints 29.43% in year one, and rental yield reads 11.17% against a $444,000 entry. Equity gained on principal adds $2,865/yr, while 5% annual appreciation compiles into $122,669 by year five. Five-year ROI reaches 154.54% and total cumulative return in cash sums $227,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,132/mo property income covering a $2,173/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corina Nolin-Strassburg • Howard Hanna
Mls Name: Global MLS
Mls ID: #202519370