112 Ransom AveSherrillNY13461
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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 Sherrill at 112 Ransom Ave, Sherrill, NY, 13461 offers $1,380/mo rent that, after a $1,096/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 18.04% in year one, and rental yield stands at 7.39% at a $224,000 entry. Equity gained on principal adds $1,445/yr while 5% annual appreciation compounds into $61,887 by year five. Five-year ROI records 93.5% and total cumulative return in cash reaches $69,427. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,096/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13461, Sherrill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 958 (68.3%) |
| Renter Occupied HU | 377 (26.9%) |
| Vacant Housing Units | 67 ( 4.8%) |
| Median Home Value | $222,663 |
| Average Home Value | $274,809 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,291
Multi-Family
88
Businesses
99
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