19 Caroline StMadridNY13660
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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 Madrid at 19 Caroline St, Madrid, NY, 13660 offers a 9.31% rental yield on a $149,000 purchase with $1,156/mo rent. Total monthly income registers $1,156/mo, and a $729/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,935/yr on $49,394 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 124.57% and total cumulative return in cash at $61,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13660, Madrid, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 575 (68.0%) |
| Renter Occupied HU | 143 (16.9%) |
| Vacant Housing Units | 128 (15.1%) |
| Median Home Value | $148,566 |
| Average Home Value | $194,091 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
668
Multi-Family
8
Businesses
34
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