304 BroadwayFort 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
Investment property for sale in Fort Edward at 304 Broadway, Fort Edward, NY, 12828 offers a 12.38% rental yield on a $100,000 purchase with $1,032/mo rent. Total monthly income registers $1,032/mo, and a $489/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,376/yr on $33,150 to close, and return on cash invested stands at 33.11% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 174.31% and total cumulative return in cash at $57,784. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,032/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.83 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: Thomas Van Aernem • Van Aernem Realty & Associates
Mls Name: NY State MLS
Mls ID: #11582169