158 Cherry LnCincinnatusNY13040
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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 Cincinnatus at 158 Cherry Ln, Cincinnatus, NY, 13040 offers a 9.11% rental yield on a $100,000 purchase with $759/mo rent. Total monthly income registers $759/mo, and a $489/mo payment leaves $92/mo available for distribution. Annual cash flow reaches $1,100/yr on $33,150 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 121.35% and total cumulative return in cash at $40,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $759/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13040, Cincinnatus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,376 (100%) |
| Owner Occupied HU | 898 (65.3%) |
| Renter Occupied HU | 195 (14.2%) |
| Vacant Housing Units | 283 (20.6%) |
| Median Home Value | $188,415 |
| Average Home Value | $250,061 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
38
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Listed by: Josh Buell • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11607577