61 Thatcher StreetSelkirkNY12158
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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 Selkirk at 61 Thatcher Street, Selkirk, NY, 12158 with 5% annual appreciation on a $259,000 basis while $3,042/mo rent supports operations. Total monthly income totals $3,042/mo and a $1,268/mo payment preserves $1,312/mo for cash returns. Annual cash flow comes to $15,745/yr on $85,859 deployed, and return on cash invested reaches 38.25% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 14.09%. Five-year ROI measures 201.88% and total cumulative return in cash totals $173,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,042/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12158, Selkirk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,916 (68.0%) |
| Renter Occupied HU | 738 (26.2%) |
| Vacant Housing Units | 162 ( 5.8%) |
| Median Home Value | $346,214 |
| Average Home Value | $388,338 |
Housing Distribution
Address Breakdown
Residential
2,690
Single Family
2,690
Multi-Family
0
Businesses
89
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