1 Mill Portfolio StMarathonNY13803
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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 Marathon at 1 Mill Portfolio St, Marathon, NY, 13803 offers a 2.19% rental yield on a $679,900 purchase with $1,241/mo rent. 36% in year one. Equity gained on principal adds $4,387/yr while 5% annual appreciation supports $187,844 over five years. Portfolio math shows five-year ROI at 9.35% and total cumulative return in cash at $20,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,241/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13803, Marathon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,243 (69.2%) |
| Renter Occupied HU | 355 (19.8%) |
| Vacant Housing Units | 198 (11.0%) |
| Median Home Value | $173,733 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
79
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