1010 Simmons RdSterlingNY13156
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
Investment property for sale in Sterling at 1010 Simmons Rd, Sterling, NY, 13156 uses $76,245 cash to close to unlock $8,686/yr annual cash flow and $724/mo monthly cash flow. Total monthly income runs $2,260/mo, and a $1,126/mo payment keeps the spread at $724/mo. Purchase price stands at $230,000, and rental yield measures 11.79% with $2,260/mo rent. Return on cash invested shows 31.3% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 164.57% and total cumulative return in cash records $125,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,260/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1974
3.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13156, Sterling, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,554 (100%) |
| Owner Occupied HU | 826 (53.2%) |
| Renter Occupied HU | 154 ( 9.9%) |
| Vacant Housing Units | 574 (36.9%) |
| Median Home Value | $194,079 |
| Average Home Value | $293,856 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
860
Multi-Family
23
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices