571 E Main 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 571 E Main St, Malone, NY, 12953 earns $110/mo cash flow from $888/mo rent with a $570/mo payment. Total monthly income totals $888/mo, and annual cash flow totals $1,323/yr on $38,620 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.15% at a $116,500 purchase. Equity gained on principal adds $752/yr, and 5% annual appreciation supports $32,187 over five years. Five-year ROI reaches 121.96% and total cumulative return in cash sums $47,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $888/mo property income instead of your personal income.
Single Family
Built in 1920
1,742 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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