57 Harrison AvenueSouth Glens FallsNY12803
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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 South Glens Falls at 57 Harrison Avenue, South Glens Falls, NY, 12803 earns $717/mo cash flow from $2,821/mo rent with a $1,542/mo payment. Total monthly income totals $2,821/mo, and annual cash flow totals $8,607/yr on $104,423 capital. ROI tracks 28.15% on current figures, and rental yield reads 10.75% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 147.72% and total cumulative return in cash sums $154,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,821/mo property income instead of your personal income.
Single Family
Built in 1997
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12803, South Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,615 (100%) |
| Owner Occupied HU | 2,697 (58.4%) |
| Renter Occupied HU | 1,631 (35.3%) |
| Vacant Housing Units | 287 ( 6.2%) |
| Median Home Value | $228,997 |
| Average Home Value | $289,405 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
4,132
Multi-Family
193
Businesses
222
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Listed by: Rhonda Jarvis • Hometown Area Realty LLC
Mls Name: Global MLS
Mls ID: #202528655