65 Bay StreetGlens 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 65 Bay Street, Glens Falls, NY, 12801 generates $1,374/mo in rent, after a $8,198/mo payment. Total monthly income is $1,374/mo. Return on cash invested sits at -1.32% in year one, and rental yield is 0.98% on a $1,675,000 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation builds toward $462,772 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,374/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
0.80 Acres 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: Tina M Arcuri-Demarsh • DeMarsh Real Estate
Mls Name: Global MLS
Mls ID: #202521224