28 Clinton Corners RoadSalt PointNY12578
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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 Salt Point at 28 Clinton Corners Road, Salt Point, NY, 12578 priced at $680,000 pairs $4,800/mo rent with $259/mo cash flow after a $3,328/mo payment. Total monthly income equals $4,800/mo, and annual cash flow comes to $3,112/yr on $223,720 invested. Return on cash invested is 21.45% in year one, and rental yield stands at 8.47% on a $680,000 basis. Equity gained on principal adds $4,388/yr, and 5% annual appreciation accumulates to $187,871 by year five. Five-year ROI measures 111.73% and total cumulative return in cash reaches $249,972. For financing, Ziffy Mortgage’s DSCR program evaluates $4,800/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
14.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12578, Salt Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 645 (75.4%) |
| Renter Occupied HU | 119 (13.9%) |
| Vacant Housing Units | 91 (10.6%) |
| Median Home Value | $469,512 |
| Average Home Value | $576,419 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
71
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Listed by: Susan Whalen • George T Whalen Real Estate
Mls Name: OneKey MLS
Mls ID: #919200