662 Baker RdMaloneNY12953
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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 662 Baker Rd, Malone, NY, 12953 uses $106,080 cash to close to unlock $12,352/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $3,166/mo, and a $1,566/mo payment keeps the spread at $1,029/mo. Purchase price stands at $320,000, and rental yield measures 11.87% with $3,166/mo rent. Return on cash invested shows 31.55% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 165.94% and total cumulative return in cash records $176,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,166/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1890
4.06 Acres 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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