147 S Albion RdAltmarNY13302
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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 Altmar at 147 S Albion Rd, Altmar, NY, 13302 offers $1,769/mo rent that, after a $4,356/mo payment. Total monthly income is $1,769/mo. Return on cash invested measures 2.95% in year one, and rental yield stands at 2.39% at a $889,900 entry. Equity gained on principal adds $5,742/yr while 5% annual appreciation compounds into $245,863 by year five. Five-year ROI records 12.54% and total cumulative return in cash reaches $36,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,769/mo property income versus a $4,356/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
539 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13302, Altmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,029 (100%) |
| Owner Occupied HU | 461 (44.8%) |
| Renter Occupied HU | 99 ( 9.6%) |
| Vacant Housing Units | 469 (45.6%) |
| Median Home Value | $137,891 |
| Average Home Value | $180,591 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
29
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