4 Lower Park 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 4 Lower Park St, Malone, NY, 12953 uses $41,438 cash to close to unlock $1,273/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $941/mo, and a $612/mo payment keeps the spread at $106/mo. Purchase price stands at $125,000, and rental yield measures 9.03% with $941/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 120.08% and total cumulative return in cash records $49,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $941/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.45 Acres 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: Alanna Mills • Home Roots Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203404
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.