31 Carey AvenueHoosick FallsNY12090
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 Hoosick Falls at 31 Carey Avenue, Hoosick Falls, NY, 12090 uses $47,239 cash to close to unlock $1,751/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $697/mo payment keeps the spread at $146/mo. Purchase price stands at $142,500, and rental yield measures 9.24% with $1,097/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 123.34% and total cumulative return in cash records $58,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $697/mo payment rather than investor’s personal income.
Single Family
Built in 1875
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12090, Hoosick Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,664 (59.1%) |
| Renter Occupied HU | 774 (27.5%) |
| Vacant Housing Units | 376 (13.4%) |
| Median Home Value | $249,770 |
| Average Home Value | $390,539 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,416
Multi-Family
4
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica E Celeone • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls ID: #202523414