538 Gansevoort RoadFort EdwardNY12828
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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 Fort Edward at 538 Gansevoort Road, Fort Edward, NY, 12828 priced at $405,000 pairs $4,064/mo rent with $1,360/mo cash flow after a $1,982/mo payment. Total monthly income equals $4,064/mo, and annual cash flow comes to $16,317/yr on $134,258 invested. Return on cash invested is 32.06% in year one, and rental yield stands at 12.04% on a $405,000 basis. Equity gained on principal adds $2,613/yr, and 5% annual appreciation accumulates to $111,894 by year five. Five-year ROI measures 168.65% and total cumulative return in cash reaches $226,430. For financing, Ziffy Mortgage’s DSCR program evaluates $4,064/mo property income against a $1,982/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12828, Fort Edward, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,986 (100%) |
| Owner Occupied HU | 2,674 (67.1%) |
| Renter Occupied HU | 998 (25.0%) |
| Vacant Housing Units | 314 ( 7.9%) |
| Median Home Value | $243,968 |
| Average Home Value | $287,952 |
Housing Distribution
Address Breakdown
Residential
4,163
Single Family
4,094
Multi-Family
69
Businesses
178
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Listed by: Frances M Macier • Thoroughbred Realty
Mls Name: Global MLS
Mls ID: #202523193