88 E Main StreetWaldenNY12586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Walden at 88 E Main Street, Walden, NY, 12586 priced at $424,999 pairs $2,070/mo rent with after a $2,080/mo payment. Total monthly income equals $2,070/mo. Return on cash invested is 13.37% in year one, and rental yield stands at 5.84% on a $424,999 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,419 by year five. Five-year ROI measures 68.42% and total cumulative return in cash reaches $96,400. For financing, Ziffy Mortgage’s DSCR program evaluates $2,070/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
10,254 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12586, Walden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,316 (66.2%) |
| Renter Occupied HU | 1,333 (26.6%) |
| Vacant Housing Units | 359 ( 7.2%) |
| Median Home Value | $390,632 |
| Average Home Value | $451,604 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,404
Multi-Family
412
Businesses
307
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Nearby investment properties with comparable prices
Listed by: Mikel Marku • Keller Williams Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6316812
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. 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. Copyright 2024 OneKey MLS. All rights reserved.