12 Third StreetMiltonNY12547
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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 Milton at 12 Third Street, Milton, NY, 12547 offers a 10.81% rental yield on a $425,000 purchase with $3,829/mo rent. Total monthly income registers $3,829/mo, and a $2,080/mo payment leaves $991/mo available for distribution. Annual cash flow reaches $11,893/yr on $140,888 to close, and return on cash invested stands at 28.35% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 148.78% and total cumulative return in cash at $209,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,829/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12547, Milton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 790 (61.8%) |
| Renter Occupied HU | 381 (29.8%) |
| Vacant Housing Units | 108 ( 8.4%) |
| Median Home Value | $438,868 |
| Average Home Value | $469,430 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,002
Multi-Family
48
Businesses
117
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