2086 Sherman AveNorth CollinsNY14111
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2086 Sherman Ave, North Collins, NY, 14111 in North Collins deserves attention. This $199,900 property earns $2,111/mo in rent, a 12.67% gross yield, and nets $776/mo after the $899/mo payment. DSCR 2.35 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $55,229 compounds alongside $1,841/yr in yearly equity build, for a total cumulative return of $126,182.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.2% |
| Monthly Cash Flow | $776 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,111 |
| Total Monthly Debt Service | $1,255 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1876
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14111, North Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 979 (70.3%) |
| Renter Occupied HU | 272 (19.5%) |
| Vacant Housing Units | 142 (10.2%) |
| Median Home Value | $260,254 |
| Average Home Value | $297,265 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,039
Multi-Family
24
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1876
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14111, North Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 979 (70.3%) |
| Renter Occupied HU | 272 (19.5%) |
| Vacant Housing Units | 142 (10.2%) |
| Median Home Value | $260,254 |
| Average Home Value | $297,265 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,039
Multi-Family
24
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph C Alessi Jr. • Joseph C. Alessi Jr.
Mls Name: NYSAMLSs
Mls ID: #B1613521