60 Peck AvenueGlens FallsNY12801
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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 Glens Falls at 60 Peck Avenue, Glens Falls, NY, 12801 offers $3,056/mo rent that, after a $1,243/mo payment, leaves $1,360/mo cash flow. Total monthly income is $3,056/mo, and annual cash flow is $16,323/yr on $84,168 cash. Return on cash invested measures 39.3% in year one, and rental yield stands at 14.44% at a $253,900 entry. Equity gained on principal adds $1,638/yr while 5% annual appreciation compounds into $70,148 by year five. Five-year ROI records 207.53% and total cumulative return in cash reaches $174,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,056/mo property income versus a $1,243/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12801, Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,707 (100%) |
| Owner Occupied HU | 3,276 (42.5%) |
| Renter Occupied HU | 3,748 (48.6%) |
| Vacant Housing Units | 683 ( 8.9%) |
| Median Home Value | $205,298 |
| Average Home Value | $247,030 |
Housing Distribution
Address Breakdown
Residential
7,209
Single Family
6,832
Multi-Family
377
Businesses
1,064
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Listed by: Angela Cugini-Girard • eXp Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202424066
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker