38 Autumn LaneQueensburyNY12804
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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 38 Autumn Lane, Queensbury, NY, 12804 uses $106,047 cash to close to unlock $6,570/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $2,684/mo, and a $1,566/mo payment keeps the spread at $548/mo. Purchase price stands at $319,900, and rental yield measures 10.07% with $2,684/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash records $144,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,684/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1994
10,018 sqft 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: Angela Cugini-Girard • eXp Realty
Mls Name: Global MLS
Mls ID: #202528366