377 Corinth RoadQueensburyNY12804
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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 Queensbury at 377 Corinth Road, Queensbury, NY, 12804 with 5% annual appreciation on a $249,800 basis while $1,705/mo rent supports operations. Total monthly income totals $1,705/mo and a $1,223/mo payment preserves $37/mo for cash returns. Annual cash flow comes to $438/yr on $82,809 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $1,612/yr, and five-year appreciation sums $69,015 alongside rental yield of 8.19%. Five-year ROI measures 106.35% and total cumulative return in cash totals $88,063.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,705/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1937
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
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Listed by: Karen Hannon • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls ID: #202610862