9 Peggy Ann RdQueensburyNY12804
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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 Queensbury at 9 Peggy Ann Rd, Queensbury, NY, 12804 priced at $363,000 pairs $2,881/mo rent with $457/mo cash flow after a $1,777/mo payment. Total monthly income equals $2,881/mo, and annual cash flow comes to $5,480/yr on $120,335 invested. Return on cash invested is 24.46% in year one, and rental yield stands at 9.52% on a $363,000 basis. Equity gained on principal adds $2,342/yr, and 5% annual appreciation accumulates to $100,290 by year five. Five-year ROI measures 127.91% and total cumulative return in cash reaches $153,915. For financing, Ziffy Mortgage’s DSCR program evaluates $2,881/mo property income against a $1,777/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12804, Queensbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,575 (100%) |
| Owner Occupied HU | 8,671 (63.9%) |
| Renter Occupied HU | 3,566 (26.3%) |
| Vacant Housing Units | 1,338 ( 9.9%) |
| Median Home Value | $314,925 |
| Average Home Value | $378,736 |
Housing Distribution
Address Breakdown
Residential
12,142
Single Family
11,037
Multi-Family
1,105
Businesses
984
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Listed by: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #202523421