2945 State Route 11MaloneNY12953
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
Investment Highlights
Investment property for sale in Malone at 2945 State Route 11, Malone, NY, 12953 offers a 8.32% rental yield on a $249,900 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $1,223/mo payment leaves $64/mo available for distribution. Annual cash flow reaches $772/yr on $82,842 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 108.51% and total cumulative return in cash at $89,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12953, Malone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 3,179 (54.4%) |
| Renter Occupied HU | 1,686 (28.8%) |
| Vacant Housing Units | 981 (16.8%) |
| Median Home Value | $154,194 |
| Average Home Value | $211,728 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,488
Multi-Family
437
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices