15 Pierrepont AveMaloneNY12953
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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 Malone at 15 Pierrepont Ave, Malone, NY, 12953 with 5% annual appreciation on a $189,000 basis while $1,460/mo rent supports operations. Total monthly income totals $1,460/mo and a $925/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,375/yr on $62,654 deployed, and return on cash invested reaches 23.7% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 9.27%. Five-year ROI measures 123.8% and total cumulative return in cash totals $77,566.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,460/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,840 sqft 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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