37 1st StMaloneNY12953
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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 Malone at 37 1st St, Malone, NY, 12953 uses $59,173 cash to close to unlock $2,420/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $874/mo payment keeps the spread at $202/mo. Purchase price stands at $178,500, and rental yield measures 9.37% with $1,394/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $49,316 over five years. Five-year ROI reaches 125.45% and total cumulative return in cash records $74,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $874/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12953, Malone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 3,179 (54.4%) |
| Renter Occupied HU | 1,686 (28.8%) |
| Vacant Housing Units | 981 (16.8%) |
| Median Home Value | $154,194 |
| Average Home Value | $211,728 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,488
Multi-Family
437
Businesses
491
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Listed by: Edward Legacy • North Country Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203643
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.