1673 County Route 64SalemNY12865
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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 1673 County Route 64, Salem, NY, 12865 earns $72/mo cash flow from $1,556/mo rent with a $1,088/mo payment. Total monthly income totals $1,556/mo, and annual cash flow totals $860/yr on $73,667 capital. ROI tracks 21.08% on current figures, and rental yield reads 8.4% at a $222,222 purchase. Equity gained on principal adds $1,434/yr, and 5% annual appreciation supports $61,396 over five years. Five-year ROI reaches 109.76% and total cumulative return in cash sums $80,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,556/mo property income instead of your personal income.
Single Family
Built in 1888
1.10 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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