2 Evergreen MnrMaloneNY12953
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
Rental property for sale in Malone at 2 Evergreen Mnr, Malone, NY, 12953 priced at $112,000 converts $2,105/mo rent into $1,357/mo cash flow after a $548/mo obligation. Total monthly income equals $2,105/mo, and annual cash flow totals $16,287/yr on $37,128 invested. Return on cash invested prints 63.78% in year one, and rental yield reads 22.55% against a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation compiles into $30,944 by year five. Five-year ROI reaches 338.86% and total cumulative return in cash sums $125,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,105/mo property income covering a $548/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda St Hilaire • Home Roots Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201621
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.