0WP Emmonsburg Red School House RdSalisbury CenterNY13454
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 Salisbury Center at 0WP Emmonsburg Red School House Rd, Salisbury Center, NY, 13454 priced at $124,900 converts $2,129/mo rent into $1,295/mo cash flow after a $611/mo obligation. Total monthly income equals $2,129/mo, and annual cash flow totals $15,543/yr on $41,404 invested. Return on cash invested prints 57.45% in year one, and rental yield reads 20.45% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 304.89% and total cumulative return in cash sums $126,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,129/mo property income covering a $611/mo payment, not borrower’s personal income.
Lot
Built in N/A
61.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13454, Salisbury Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 202 (67.1%) |
| Renter Occupied HU | 26 ( 8.6%) |
| Vacant Housing Units | 73 (24.3%) |
| Median Home Value | $144,444 |
| Average Home Value | $202,042 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
11
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Listed by: Josh Buell • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11237893