1 Goldmine Subdivision #3 & 4Salisbury CenterNY13454
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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
Investment property for sale in Salisbury Center at 1 Goldmine Subdivision #3 & 4, Salisbury Center, NY, 13454 listed at $120,000 pairs $3,082/mo rent with a $587/mo payment to leave $2,281/mo cash flow. Total monthly income runs $3,082/mo, and annual cash flow reaches $27,372/yr on $39,780 cash to close. Return on cash invested measures 88.72% in year one, and rental yield registers 30.82% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 472.48% and total cumulative return in cash totals $187,951. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,082/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
24.70 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: Brittany Serow • VAN BILLINGS REAL ESTATE LLC
Mls Name: NY State MLS
Mls ID: #11256007