2338 Miner Farm RdAltonaNY12910
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 Altona at 2338 Miner Farm Rd, Altona, NY, 12910 priced at $105,000 pairs $1,794/mo rent with $1,093/mo cash flow after a $514/mo payment. Total monthly income equals $1,794/mo, and annual cash flow comes to $13,113/yr on $34,808 invested. Return on cash invested is 57.58% in year one, and rental yield stands at 20.5% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 305.56% and total cumulative return in cash reaches $106,358. For financing, Ziffy Mortgage’s DSCR program evaluates $1,794/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12910, Altona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 905 (100%) |
| Owner Occupied HU | 644 (71.2%) |
| Renter Occupied HU | 126 (13.9%) |
| Vacant Housing Units | 135 (14.9%) |
| Median Home Value | $168,182 |
| Average Home Value | $290,520 |
Housing Distribution
Address Breakdown
Residential
715
Single Family
696
Multi-Family
19
Businesses
18
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Listed by: Amy Provost • Ridgeline Realty Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202510
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.