1941 State Highway 345MadridNY13660
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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 1941 State Highway 345, Madrid, NY, 13660 earns $755/mo cash flow from $2,552/mo rent with a $1,317/mo payment. Total monthly income totals $2,552/mo, and annual cash flow totals $9,063/yr on $89,174 capital. ROI tracks 30.07% on current figures, and rental yield reads 11.38% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 158.01% and total cumulative return in cash sums $140,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,552/mo property income instead of your personal income.
Single Family
Built in 1850
1 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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