123 Cherry LnSherrillNY13461
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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 Sherrill at 123 Cherry Ln, Sherrill, NY, 13461 with 5% annual appreciation on a $357,500 basis while $1,380/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,307/yr, and five-year appreciation sums $98,771 alongside rental yield of 4.63%. Five-year ROI measures 48.79% and total cumulative return in cash totals $57,821. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,380/mo property income versus a $1,750/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
10,428 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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