89 Traver RoadGansevoortNY12831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gansevoort at 89 Traver Road, Gansevoort, NY, 12831 priced at $449,900 converts $2,934/mo rent into after a $2,202/mo obligation. Total monthly income equals $2,934/mo. Return on cash invested prints 19.34% in year one, and rental yield reads 7.83% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 100.45% and total cumulative return in cash sums $149,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12831, Gansevoort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 5,936 (73.6%) |
| Renter Occupied HU | 1,688 (20.9%) |
| Vacant Housing Units | 440 ( 5.5%) |
| Median Home Value | $384,945 |
| Average Home Value | $429,250 |
Housing Distribution
Address Breakdown
Residential
7,143
Single Family
6,905
Multi-Family
238
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Saumell Jr. • KW Platform
Mls Name: Global MLS
Mls ID: #202521969