110 Center StreetSharon SpringsNY13459
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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
Rental property for sale in Sharon Springs at 110 Center Street, Sharon Springs, NY, 13459 priced at $595,000 converts $1,652/mo rent into after a $2,912/mo obligation. Total monthly income equals $1,652/mo. Return on cash invested prints 5.83% in year one, and rental yield reads 3.33% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 27.97% and total cumulative return in cash sums $54,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,652/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Multi Family
Built in 1885
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13459, Sharon Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 698 (64.7%) |
| Renter Occupied HU | 195 (18.1%) |
| Vacant Housing Units | 185 (17.2%) |
| Median Home Value | $216,216 |
| Average Home Value | $263,456 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
72
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Listed by: Sydney Palmatier • Next Chapter Real Estate Advisors LLC
Mls Name: Global MLS
Mls ID: #202529677