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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corinth at 12 Sherman Avenue, Corinth, NY, 12822 offers a 17.58% rental yield on a $169,900 purchase with $2,489/mo rent. Total monthly income registers $2,489/mo, and a $832/mo payment leaves $1,354/mo available for distribution. Annual cash flow reaches $16,248/yr on $56,322 to close, and return on cash invested stands at 48.76% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 258.28% and total cumulative return in cash at $145,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,489/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 12822, Corinth, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,046 (100%) |
| Owner Occupied HU | 1,775 (58.3%) |
| Renter Occupied HU | 661 (21.7%) |
| Vacant Housing Units | 610 (20.0%) |
| Median Home Value | $224,868 |
| Average Home Value | $315,056 |
Residential
2,697
Single Family
2,642
Multi-Family
55
Businesses
84
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Price change | $169,900 |
| 2024-12-16 | Listed for sale | $179,900 |
| 2019-07-30 | Sold | $58,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | N/A | N/A | $86,000 | N/A |
| 2022-01-11 | N/A | N/A | $86,000 | N/A |
| 2021-01-11 | N/A | N/A | $86,000 | N/A |
Listed by: Travis Scarincio • Hunt ERA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202430526
Disclaimer: 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. Judy Moriarty, Zillow, Inc., Corp. Broker
