242 Salsburg RoadDelansonNY12053
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
Investment property for sale in Delanson at 242 Salsburg Road, Delanson, NY, 12053 with 5% annual appreciation on a $309,900 basis while $2,964/mo rent supports operations. Total monthly income totals $2,964/mo and a $1,517/mo payment preserves $894/mo for cash returns. Annual cash flow comes to $10,732/yr on $102,732 deployed, and return on cash invested reaches 30.36% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 11.48%. Five-year ROI measures 159.53% and total cumulative return in cash totals $163,884.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,964/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12053, Delanson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,985 (100%) |
| Owner Occupied HU | 1,651 (83.2%) |
| Renter Occupied HU | 193 ( 9.7%) |
| Vacant Housing Units | 141 ( 7.1%) |
| Median Home Value | $307,396 |
| Average Home Value | $317,065 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,706
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices