69 James RoadSalemNY12865
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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 Salem at 69 James Road, Salem, NY, 12865 with 5% annual appreciation on a $150,000 basis while $1,835/mo rent supports operations. Total monthly income totals $1,835/mo and a $734/mo payment preserves $834/mo for cash returns. Annual cash flow comes to $10,002/yr on $49,725 deployed, and return on cash invested reaches 40.02% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 14.68%. Five-year ROI measures 211.39% and total cumulative return in cash totals $105,114.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,835/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
11.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12865, Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,742 (100%) |
| Owner Occupied HU | 1,143 (65.6%) |
| Renter Occupied HU | 229 (13.1%) |
| Vacant Housing Units | 370 (21.2%) |
| Median Home Value | $205,992 |
| Average Home Value | $331,721 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,312
Multi-Family
0
Businesses
76
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