34 North St, Madrid, NY, 13660 | 4.82% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Madrid at 34 North St, Madrid, NY, 13660 offers a 4.82% rental yield on a $299,000 purchase with $1,200/mo rent. 27% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 51.78% and total cumulative return in cash at $51,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.68 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 13660, Madrid, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	846 (100%)
Owner Occupied HU	575 (68.0%)
Renter Occupied HU	143 (16.9%)
Vacant Housing Units	128 (15.1%)
Median Home Value	$148,566
Average Home Value	$194,091