20 Short AveMaloneNY12953
Nearby investment properties with comparable rents
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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
Rental property for sale in Malone at 20 Short Ave, Malone, NY, 12953 offers $1,490/mo rent that, after a $1,077/mo payment, leaves $21/mo cash flow. Total monthly income is $1,490/mo, and annual cash flow is $248/yr on $72,930 cash. Return on cash invested measures 20.25% in year one, and rental yield stands at 8.13% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 105.32% and total cumulative return in cash reaches $76,811. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,490/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
0.27 Acres 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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Listed by: Richard Patrie • Marshall Realty & Associates
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203140
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.