777 Salmon StFort CovingtonNY12937
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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 Fort Covington at 777 Salmon St, Fort Covington, NY, 12937 offers a 9.14% rental yield on a $169,000 purchase with $1,287/mo rent. Total monthly income registers $1,287/mo, and a $827/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,903/yr on $56,024 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 121.74% and total cumulative return in cash at $68,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,287/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12937, Fort Covington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 477 (66.0%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 131 (18.1%) |
| Median Home Value | $120,577 |
| Average Home Value | $214,109 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
30
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Listed by: Lori Snyder • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51055
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.