441 Steele Ave ExtensionGloversvilleNY12078
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 441 Steele Ave Extension, Gloversville, NY, 12078 listed at $332,000 pairs $1,906/mo rent with a $1,625/mo payment. Total monthly income runs $1,906/mo. Return on cash invested measures 16.52% in year one, and rental yield registers 6.89% at a $332,000 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,725 by year five. Five-year ROI tracks 85.29% and total cumulative return in cash totals $93,867. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,906/mo property income relative to a $1,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1920
22.80 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce L Royal • Joyce Royal Real Estate
Mls Name: Global MLS
Mls Provider:
Mls ID: #202517147
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker