39 Haskell AvenueGlens FallsNY12801
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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
Rental property for sale in Glens Falls at 39 Haskell Avenue, Glens Falls, NY, 12801 priced at $220,000 converts $2,648/mo rent into $1,179/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,648/mo, and annual cash flow totals $14,144/yr on $72,930 invested. Return on cash invested prints 39.3% in year one, and rental yield reads 14.44% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 207.52% and total cumulative return in cash sums $151,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,648/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,707 (100%) |
| Owner Occupied HU | 3,276 (42.5%) |
| Renter Occupied HU | 3,748 (48.6%) |
| Vacant Housing Units | 683 ( 8.9%) |
| Median Home Value | $205,298 |
| Average Home Value | $247,030 |
Housing Distribution
Address Breakdown
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
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Listed by: Karen Lohret • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202524150