4 Dimmick RoadGansevoortNY12831
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 Gansevoort at 4 Dimmick Road, Gansevoort, NY, 12831 at $349,999 posts ROI 25.15% with $507/mo cash flow from $2,844/mo rent. Total monthly income equals $2,844/mo, and annual cash flow records $6,082/yr on $116,025 to close. Return on cash invested measures 25.15% and rental yield reads 9.75% at the current $349,999. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 by year five. Five-year ROI prints 131.6% and total cumulative return in cash totals $152,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,844/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12831, Gansevoort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 5,936 (73.6%) |
| Renter Occupied HU | 1,688 (20.9%) |
| Vacant Housing Units | 440 ( 5.5%) |
| Median Home Value | $384,945 |
| Average Home Value | $429,250 |
Housing Distribution
Address Breakdown
Residential
7,143
Single Family
6,905
Multi-Family
238
Businesses
258
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Listed by: Edward Whitty • Empire Real Estate Firm LLC
Mls Name: Global MLS
Mls ID: #202530321