6306 Route 291MarcyNY13403
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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 Marcy at 6306 Route 291, Marcy, NY, 13403 offers a 13.79% rental yield on a $169,900 purchase with $1,952/mo rent. Total monthly income registers $1,952/mo, and a $832/mo payment leaves $817/mo available for distribution. Annual cash flow reaches $9,804/yr on $56,322 to close, and return on cash invested stands at 37.32% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 196.91% and total cumulative return in cash at $110,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,952/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1969
2,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13403, Marcy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,439 (73.9%) |
| Renter Occupied HU | 399 (20.5%) |
| Vacant Housing Units | 108 ( 5.5%) |
| Median Home Value | $303,241 |
| Average Home Value | $314,785 |
Housing Distribution
Address Breakdown
Residential
1,877
Single Family
1,785
Multi-Family
92
Businesses
158
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