237 Bridge StSelkirkNY12158
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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 Selkirk at 237 Bridge St, Selkirk, NY, 12158 priced at $163,803 converts $2,948/mo rent into $1,854/mo cash flow after a $802/mo obligation. Total monthly income equals $2,948/mo, and annual cash flow totals $22,247/yr on $54,301 invested. Return on cash invested prints 60.88% in year one, and rental yield reads 21.6% against a $163,803 entry. Equity gained on principal adds $1,057/yr, while 5% annual appreciation compiles into $45,256 by year five. Five-year ROI reaches 323.19% and total cumulative return in cash sums $175,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,948/mo property income covering a $802/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12158, Selkirk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,916 (68.0%) |
| Renter Occupied HU | 738 (26.2%) |
| Vacant Housing Units | 162 ( 5.8%) |
| Median Home Value | $346,214 |
| Average Home Value | $388,338 |
Housing Distribution
Address Breakdown
Residential
2,690
Single Family
2,690
Multi-Family
0
Businesses
89
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