2773-75 Miner Farm RdAltonaNY12910
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 2773-75 Miner Farm Rd, Altona, NY, 12910 in Altona, $415,000, 8.11% gross yield, $32/mo net income. Consider it a market-entry position, the $2,803/mo rent covers the $1,866/mo payment with a margin, and 5%/yr appreciation is projected to add $114,657 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.50) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $160,299.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $32 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,803 |
| Total Monthly Debt Service | $2,606 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
5.10 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
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
Single Family
Built in 1986
5.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alec Currier • Century 21 The One
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203875
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.