454 County Highway 146GloversvilleNY12078
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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 Gloversville at 454 County Highway 146, Gloversville, NY, 12078 uses $58,013 cash to close to unlock $2,207/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,353/mo, and a $857/mo payment keeps the spread at $184/mo. Purchase price stands at $175,000, and rental yield measures 9.28% with $1,353/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 123.87% and total cumulative return in cash records $71,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,353/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3.40 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
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Listed by: Bradley S Yerdon • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202531126