106 Elm StMaloneNY12953
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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 Malone at 106 Elm St, Malone, NY, 12953 priced at $289,000 pairs $2,249/mo rent with $319/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,249/mo, and annual cash flow comes to $3,823/yr on $95,804 invested. Return on cash invested is 23.9% in year one, and rental yield stands at 9.34% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 124.91% and total cumulative return in cash reaches $119,666. For financing, Ziffy Mortgage’s DSCR program evaluates $2,249/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1859
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12953, Malone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 3,179 (54.4%) |
| Renter Occupied HU | 1,686 (28.8%) |
| Vacant Housing Units | 981 (16.8%) |
| Median Home Value | $154,194 |
| Average Home Value | $211,728 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,488
Multi-Family
437
Businesses
491
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Listed by: Chris Labarge • Peryea Labarge Real Estate LLC
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202750
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.