1041 County Road 23SherburneNY13460
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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 Sherburne at 1041 County Road 23, Sherburne, NY, 13460 uses $149,142 cash to close to unlock $44/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $3,008/mo, and a $2,202/mo payment keeps the spread at $4/mo. Purchase price stands at $449,900, and rental yield measures 8.02% with $3,008/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 103.64% and total cumulative return in cash records $154,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,008/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1830
12.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13460, Sherburne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,327 (63.6%) |
| Renter Occupied HU | 508 (24.3%) |
| Vacant Housing Units | 252 (12.1%) |
| Median Home Value | $148,070 |
| Average Home Value | $176,667 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,387
Multi-Family
86
Businesses
118
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