135 Cherry AvenueDelmarNY12054
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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 Delmar at 135 Cherry Avenue, Delmar, NY, 12054 priced at $325,000 pairs $2,111/mo rent with after a $1,591/mo payment. Total monthly income equals $2,111/mo. Return on cash invested is 19.25% in year one, and rental yield stands at 7.79% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 99.94% and total cumulative return in cash reaches $107,677. For financing, Ziffy Mortgage’s DSCR program evaluates $2,111/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12054, Delmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,569 (100%) |
| Owner Occupied HU | 5,376 (71.0%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 355 ( 4.7%) |
| Median Home Value | $373,707 |
| Average Home Value | $399,553 |
Housing Distribution
Address Breakdown
Residential
7,525
Single Family
7,137
Multi-Family
388
Businesses
478
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