62 Netherwood PlazaSalt PointNY12578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Salt Point at 62 Netherwood Plaza, Salt Point, NY, 12578 earns $90/mo cash flow from $2,594/mo rent with a $1,835/mo payment. Total monthly income totals $2,594/mo, and annual cash flow totals $1,083/yr on $124,313 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.3% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 108.18% and total cumulative return in cash sums $134,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,594/mo property income instead of your personal income.
Manufactured
Built in 1960
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12578, Salt Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 645 (75.4%) |
| Renter Occupied HU | 119 (13.9%) |
| Vacant Housing Units | 91 (10.6%) |
| Median Home Value | $469,512 |
| Average Home Value | $576,419 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha McCrory • Exit Realty Connections
Mls Name: OneKey MLS
Mls ID: #947345