380 N Main StreetGloversvilleNY12078
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 Gloversville at 380 N Main Street, Gloversville, NY, 12078 at $220,000 posts ROI 30.4% with $638/mo cash flow from $2,107/mo rent. Total monthly income equals $2,107/mo, and annual cash flow records $7,652/yr on $72,930 to close. Return on cash invested measures 30.4% and rental yield reads 11.49% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 159.77% and total cumulative return in cash totals $116,519.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1820
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12078, Gloversville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 5,964 (49.5%) |
| Renter Occupied HU | 3,975 (33.0%) |
| Vacant Housing Units | 2,115 (17.5%) |
| Median Home Value | $163,814 |
| Average Home Value | $228,485 |
Housing Distribution
Address Breakdown
Residential
10,192
Single Family
9,594
Multi-Family
598
Businesses
570
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Listed by: Bradley S Yerdon • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202528881