3 Fairview StreetSouth Glens FallsNY12803
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 South Glens Falls at 3 Fairview Street, South Glens Falls, NY, 12803 at $239,500 posts ROI 32.62% with $841/mo cash flow from $2,440/mo rent. Total monthly income equals $2,440/mo, and annual cash flow records $10,091/yr on $79,394 to close. Return on cash invested measures 32.62% and rental yield reads 12.23% at the current $239,500. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 by year five. Five-year ROI prints 171.63% and total cumulative return in cash totals $136,261.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12803, South Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,615 (100%) |
| Owner Occupied HU | 2,697 (58.4%) |
| Renter Occupied HU | 1,631 (35.3%) |
| Vacant Housing Units | 287 ( 6.2%) |
| Median Home Value | $228,997 |
| Average Home Value | $289,405 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
4,132
Multi-Family
193
Businesses
222
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Listed by: Kelly Peris • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202424384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker