16 Washington StMaloneNY12953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16 Washington St, Malone, NY, 12953 at $197,500 posts ROI 52% with $1,751/mo cash flow from $3,070/mo rent. Total monthly income equals $3,070/mo, and annual cash flow records $21,009/yr on $65,471 to close. Return on cash invested measures 52% and rental yield reads 18.65% at the current $197,500. Equity gained on principal adds $1,274/yr, and 5% annual appreciation supports $54,566 by year five. Five-year ROI prints 275.58% and total cumulative return in cash totals $180,423.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,070/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1853
9,147 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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Nearby investment properties with comparable prices
Listed by: Douglas Clark • North Country Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202725
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.