10 Shale Mountain WaySalemNY12865
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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 Salem at 10 Shale Mountain Way, Salem, NY, 12865 earns $139/mo cash flow from $2,310/mo rent with a $1,591/mo payment. Total monthly income totals $2,310/mo, and annual cash flow totals $1,673/yr on $107,737 capital. ROI tracks 21.46% on current figures, and rental yield reads 8.53% at a $324,999 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 over five years. Five-year ROI reaches 111.84% and total cumulative return in cash sums $120,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,310/mo property income instead of your personal income.
Single Family
Built in 2004
9.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12865, Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,742 (100%) |
| Owner Occupied HU | 1,143 (65.6%) |
| Renter Occupied HU | 229 (13.1%) |
| Vacant Housing Units | 370 (21.2%) |
| Median Home Value | $205,992 |
| Average Home Value | $331,721 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,312
Multi-Family
0
Businesses
76
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