107 Marshall RoadSalt PointNY12578
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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
Rental property for sale in Salt Point at 107 Marshall Road, Salt Point, NY, 12578 priced at $475,000 converts $2,909/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,909/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 7.35% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 92.72% and total cumulative return in cash sums $145,999. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,909/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12578, Salt Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 645 (75.4%) |
| Renter Occupied HU | 119 (13.9%) |
| Vacant Housing Units | 91 (10.6%) |
| Median Home Value | $469,512 |
| Average Home Value | $576,419 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
71
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Listed by: Virginia Corbett • eXp Realty
Mls Name: OneKey MLS
Mls ID: #952558