1676 Sanford RdCherry CreekNY14723
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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 Cherry Creek at 1676 Sanford Rd, Cherry Creek, NY, 14723 listed at $199,900 pairs $1,325/mo rent with a $978/mo payment. Total monthly income runs $1,325/mo. Return on cash invested measures 19.74% in year one, and rental yield registers 7.95% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 102.57% and total cumulative return in cash totals $67,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,325/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14723, Cherry Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 370 (61.6%) |
| Renter Occupied HU | 98 (16.3%) |
| Vacant Housing Units | 133 (22.1%) |
| Median Home Value | $153,750 |
| Average Home Value | $156,277 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
35
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Listed by: N/A • N/A
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