293 Main StreetNew BaltimoreNY12124
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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 New Baltimore at 293 Main Street, New Baltimore, NY, 12124 with 5% annual appreciation on a $649,000 basis while $2,454/mo rent supports operations. 49% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 4.54%. Five-year ROI measures 47.6% and total cumulative return in cash totals $101,640. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,454/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1864
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12124, New Baltimore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 131 (70.4%) |
| Renter Occupied HU | 17 ( 9.1%) |
| Vacant Housing Units | 38 (20.4%) |
| Median Home Value | $311,719 |
| Average Home Value | $312,347 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Listed by: Jennifer C Bergeron • Albany Realty Group LLC
Mls Name: Global MLS
Mls ID: #202526682