82 Merden StSalamancaNY14779
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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 Salamanca at 82 Merden St, Salamanca, NY, 14779 offers a 11.59% rental yield on a $118,000 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $578/mo payment leaves $352/mo available for distribution. Annual cash flow reaches $4,219/yr on $39,117 to close, and return on cash invested stands at 30.69% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 161.37% and total cumulative return in cash at $63,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
10,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14779, Salamanca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,654 (100%) |
| Owner Occupied HU | 1,830 (50.1%) |
| Renter Occupied HU | 1,204 (33.0%) |
| Vacant Housing Units | 620 (17.0%) |
| Median Home Value | $92,778 |
| Average Home Value | $153,395 |
Housing Distribution
Address Breakdown
Residential
2,873
Single Family
2,667
Multi-Family
206
Businesses
237
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