5704 State Route 22SalemNY12865
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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
Total monthly income runs $2,256/mo, and a $6,608/mo payment. Purchase price stands at $1,350,000, and rental yield measures 2.01% with $2,256/mo rent. Return on cash invested shows 1.83% in year one, and 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 6.43% and total cumulative return in cash records $28,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $6,608/mo payment rather than investor’s personal income.
Single Family
Built in N/A
121.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12865, Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,742 (100%) |
| Owner Occupied HU | 1,143 (65.6%) |
| Renter Occupied HU | 229 (13.1%) |
| Vacant Housing Units | 370 (21.2%) |
| Median Home Value | $205,992 |
| Average Home Value | $331,721 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,312
Multi-Family
0
Businesses
76
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