392 S Albion RdAltmarNY13302
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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 Altmar at 392 S Albion Rd, Altmar, NY, 13302 earns from $1,811/mo rent with a $1,713/mo payment. Total monthly income totals $1,811/mo. ROI tracks 14.47% on current figures, and rental yield reads 6.21% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 74.29% and total cumulative return in cash sums $86,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,811/mo property income instead of your personal income.
Single Family
Built in 2005
53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13302, Altmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,029 (100%) |
| Owner Occupied HU | 461 (44.8%) |
| Renter Occupied HU | 99 ( 9.6%) |
| Vacant Housing Units | 469 (45.6%) |
| Median Home Value | $137,891 |
| Average Home Value | $180,591 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
29
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