206 Park StShermanNY14781
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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 Sherman at 206 Park St, Sherman, NY, 14781 listed at $249,900 pairs $1,631/mo rent with a $1,223/mo payment. Total monthly income runs $1,631/mo. Return on cash invested measures 19.36% in year one, and rental yield registers 7.83% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 100.59% and total cumulative return in cash totals $83,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,631/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14781, Sherman, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 593 (60.6%) |
| Renter Occupied HU | 159 (16.2%) |
| Vacant Housing Units | 227 (23.2%) |
| Median Home Value | $181,944 |
| Average Home Value | $255,021 |
Housing Distribution
Address Breakdown
Residential
532
Single Family
509
Multi-Family
23
Businesses
37
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Nearby investment properties with comparable prices
Listed by: Richard McMahon • Real Estate Advantage
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1537524
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