3504 South StMadisonNY13402
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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 Madison at 3504 South St, Madison, NY, 13402 priced at $348,000 converts $3,115/mo rent into $791/mo cash flow after a $1,703/mo obligation. Total monthly income equals $3,115/mo, and annual cash flow totals $9,497/yr on $115,362 invested. Return on cash invested prints 28.14% in year one, and rental yield reads 10.74% against a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation compiles into $96,146 by year five. Five-year ROI reaches 147.66% and total cumulative return in cash sums $170,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,115/mo property income covering a $1,703/mo payment, not borrower’s personal income.
Single Family
Built in 1802
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13402, Madison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 436 (65.8%) |
| Renter Occupied HU | 164 (24.7%) |
| Vacant Housing Units | 63 ( 9.5%) |
| Median Home Value | $163,830 |
| Average Home Value | $209,237 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
509
Multi-Family
0
Businesses
41
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