47 Herald DriveQueensburyNY12804
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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 Queensbury at 47 Herald Drive, Queensbury, NY, 12804 at $449,000 posts ROI 26.77% with $851/mo cash flow from $3,850/mo rent. Total monthly income equals $3,850/mo, and annual cash flow records $10,215/yr on $148,844 to close. Return on cash invested measures 26.77% and rental yield reads 10.29% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 140.31% and total cumulative return in cash totals $208,840.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
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Listed by: Tina M Arcuri-Demarsh • DeMarsh Real Estate
Mls Name: Global MLS
Mls ID: #202517675