2541 Northline RoadGalwayNY12074
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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 Galway at 2541 Northline Road, Galway, NY, 12074 listed at $275,000 pairs $2,311/mo rent with a $1,346/mo payment to leave $475/mo cash flow. Total monthly income runs $2,311/mo, and annual cash flow reaches $5,695/yr on $91,163 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 10.08% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 137% and total cumulative return in cash totals $124,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,311/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
4.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12074, Galway, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 1,047 (70.5%) |
| Renter Occupied HU | 129 ( 8.7%) |
| Vacant Housing Units | 310 (20.9%) |
| Median Home Value | $392,669 |
| Average Home Value | $442,514 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
80
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Listed by: Steven M Green • Signature Premier Realty, Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202520498
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker