3 Empey AveCamdenNY13316
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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 Camden at 3 Empey Ave, Camden, NY, 13316 uses $52,112 cash to close to unlock $7,388/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $1,665/mo, and a $769/mo payment keeps the spread at $616/mo. Purchase price stands at $157,200, and rental yield measures 12.71% with $1,665/mo rent. Return on cash invested shows 34.09% in year one, and 5% annual appreciation builds toward $43,431 over five years. Five-year ROI reaches 179.54% and total cumulative return in cash records $93,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,665/mo property income covering a $769/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13316, Camden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,248 (100%) |
| Owner Occupied HU | 2,066 (63.6%) |
| Renter Occupied HU | 643 (19.8%) |
| Vacant Housing Units | 539 (16.6%) |
| Median Home Value | $212,421 |
| Average Home Value | $257,884 |
Housing Distribution
Address Breakdown
Residential
2,468
Single Family
2,411
Multi-Family
57
Businesses
160
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