498 South StreetHoosick FallsNY12090
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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 Hoosick Falls at 498 South Street, Hoosick Falls, NY, 12090 generates $2,766/mo in rent and, after a $1,786/mo payment, leaves $329/mo in cash flow. Total monthly income is $2,766/mo, and annual cash flow is $3,949/yr on $120,998 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 9.09% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 121.02% and total cumulative return in cash sums $146,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,766/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
9.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12090, Hoosick Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,664 (59.1%) |
| Renter Occupied HU | 774 (27.5%) |
| Vacant Housing Units | 376 (13.4%) |
| Median Home Value | $249,770 |
| Average Home Value | $390,539 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,416
Multi-Family
4
Businesses
150
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Listed by: Wendy Larson • Hoosick Realty
Mls Name: Global MLS
Mls ID: #202528801