8 Madison AveAntwerpNY13608
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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 Antwerp at 8 Madison Ave, Antwerp, NY, 13608 offers a 17% rental yield on a $190,000 purchase with $2,692/mo rent. Total monthly income registers $2,692/mo, and a $930/mo payment leaves $1,423/mo available for distribution. Annual cash flow reaches $17,078/yr on $62,985 to close, and return on cash invested stands at 47.02% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 248.96% and total cumulative return in cash at $156,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,692/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
0.58 Acres lot
$N/A/sqft
No HOA
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Listed by: Timothy Johnson • America 1 Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #48836
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