74 Gladstone AvenueWaldenNY12586
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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 Walden at 74 Gladstone Avenue, Walden, NY, 12586 offers $1,840/mo rent that, after a $2,276/mo payment. Total monthly income is $1,840/mo. Return on cash invested measures 10.06% in year one, and rental yield stands at 4.75% at a $465,000 entry. Equity gained on principal adds $3,001/yr while 5% annual appreciation compounds into $128,471 by year five. Five-year ROI records 50.65% and total cumulative return in cash reaches $78,083. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,840/mo property income versus a $2,276/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12586, Walden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,316 (66.2%) |
| Renter Occupied HU | 1,333 (26.6%) |
| Vacant Housing Units | 359 ( 7.2%) |
| Median Home Value | $390,632 |
| Average Home Value | $451,604 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,404
Multi-Family
412
Businesses
307
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