29 Battenkill EvergreensSalemNY12865
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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 Salem at 29 Battenkill Evergreens, Salem, NY, 12865 generates $1,612/mo in rent and, after a $695/mo payment, leaves $664/mo in cash flow. Total monthly income is $1,612/mo, and annual cash flow is $7,967/yr on $47,040 invested. Return on cash invested sits at 36.85% in year one, and rental yield is 13.63% on a $141,900 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,204 over five years. Five-year ROI reaches 194.3% and total cumulative return in cash sums $91,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,612/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12865, Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,742 (100%) |
| Owner Occupied HU | 1,143 (65.6%) |
| Renter Occupied HU | 229 (13.1%) |
| Vacant Housing Units | 370 (21.2%) |
| Median Home Value | $205,992 |
| Average Home Value | $331,721 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,312
Multi-Family
0
Businesses
76
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Listed by: Kristen M Preble • Preble Realty LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202523343
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