24 Jackson AveSalamancaNY14779
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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 Salamanca at 24 Jackson Ave, Salamanca, NY, 14779 earns $119/mo cash flow from $987/mo rent with a $636/mo payment. Total monthly income totals $987/mo, and annual cash flow totals $1,432/yr on $43,062 capital. ROI tracks 23.23% on current figures, and rental yield reads 9.12% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 121.41% and total cumulative return in cash sums $52,279. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $987/mo property income instead of your personal income.
Single Family
Built in 1925
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14779, Salamanca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,654 (100%) |
| Owner Occupied HU | 1,830 (50.1%) |
| Renter Occupied HU | 1,204 (33.0%) |
| Vacant Housing Units | 620 (17.0%) |
| Median Home Value | $92,778 |
| Average Home Value | $153,395 |
Housing Distribution
Address Breakdown
Residential
2,873
Single Family
2,667
Multi-Family
206
Businesses
237
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