L8 Burnham 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 L8 Burnham Road, Gansevoort, NY, 12831 priced at $641,540 pairs $3,588/mo rent with after a $3,140/mo payment. Total monthly income equals $3,588/mo. Return on cash invested is 16.1% in year one, and rental yield stands at 6.71% on a $641,540 basis. Equity gained on principal adds $4,140/yr, and 5% annual appreciation accumulates to $177,246 by year five. Five-year ROI measures 83.04% and total cumulative return in cash reaches $175,270. For financing, Ziffy Mortgage’s DSCR program evaluates $3,588/mo property income against a $3,140/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.50 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
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Listed by: William J Chase • Berkshire Hathaway HomeServices Blake, REALTORS
Mls Name: Global MLS
Mls Provider:
Mls ID: #202410618
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker