(Undisclosed Address)Fort EdwardNY12828
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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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 Fort Edward at (Undisclosed Address), Fort Edward, NY, 12828 priced at $220,000 converts $1,650/mo rent into $181/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,650/mo, and annual cash flow totals $2,168/yr on $72,930 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 9% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 119.44% and total cumulative return in cash sums $87,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,650/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
3,920 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Lisa Grassi Bender • Hunt ERA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202513121
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