347 Pearson RdMadridNY13660
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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 Madrid at 347 Pearson Rd, Madrid, NY, 13660 offers $2,077/mo rent that, after a $1,909/mo payment. Total monthly income is $2,077/mo. Return on cash invested measures 15.01% in year one, and rental yield stands at 6.39% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 77.24% and total cumulative return in cash reaches $99,860. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,077/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
68.60 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 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
668
Multi-Family
8
Businesses
34
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Listed by: Meggyn Everhart • Fiacco Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51180
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.