253 County Highway 102GloversvilleNY12078
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 253 County Highway 102, Gloversville, NY, 12078 earns $21/mo cash flow from $2,358/mo rent with a $1,713/mo payment. Total monthly income totals $2,358/mo, and annual cash flow totals $250/yr on $116,025 capital. ROI tracks 20.12% on current figures, and rental yield reads 8.08% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 104.64% and total cumulative return in cash sums $121,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,358/mo property income instead of your personal income.
Single Family
Built in 1983
7.70 Acres 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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Nearby investment properties with comparable prices
Listed by: Anganese Gomez • Empire Real Estate Firm LLC
Mls Name: Global MLS
Mls ID: #202529571