32 Gates AvenueFort EdwardNY12828
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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 Fort Edward at 32 Gates Avenue, Fort Edward, NY, 12828 at $149,950 posts ROI 50.87% with $1,283/mo cash flow from $2,284/mo rent. Total monthly income equals $2,284/mo, and annual cash flow records $15,391/yr on $49,708 to close. Return on cash invested measures 50.87% and rental yield reads 18.28% at the current $149,950. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,428 by year five. Five-year ROI prints 269.56% and total cumulative return in cash totals $133,994.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,284/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
8,276 sqft 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: Kimberly Bullard • Legacy Nine Realty
Mls Name: Global MLS
Mls ID: #202523974