3681 North 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 3681 North St, Madison, NY, 13402 priced at $199,900 converts $1,513/mo rent into $179/mo cash flow after a $978/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $2,142/yr on $66,267 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 9.08% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 120.84% and total cumulative return in cash sums $80,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
0.78 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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Nearby investment properties with comparable prices
Listed by: Catherine McDevitt • Hamilton Village R.E., LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1547365
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