7 Williams StFort 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
Investment property for sale in Fort Edward at 7 Williams St, Fort Edward, NY, 12828 uses $78,197 cash to close to unlock $892/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $1,155/mo payment keeps the spread at $74/mo. Purchase price stands at $235,888, and rental yield measures 8.39% with $1,650/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $65,172 over five years. Five-year ROI reaches 109.64% and total cumulative return in cash records $85,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1924
2,613 sqft 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: Joseph V. Lombardo • Lombardo Homes & Estates
Mls Name: NYSAMLSs
Mls ID: #R1652291