141 Coon LaneSalemNY12865
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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 141 Coon Lane, Salem, NY, 12865 uses $44,753 cash to close to unlock $1,851/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,056/mo, and a $661/mo payment keeps the spread at $154/mo. Purchase price stands at $135,000, and rental yield measures 9.39% with $1,056/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash records $56,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $661/mo payment rather than investor’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: 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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