21 Lancaster StreetCherry ValleyNY13320
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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 Cherry Valley at 21 Lancaster Street, Cherry Valley, NY, 13320 priced at $275,000 pairs $1,856/mo rent with $20/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,856/mo, and annual cash flow comes to $235/yr on $91,163 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 8.1% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 104.88% and total cumulative return in cash reaches $95,615. For financing, Ziffy Mortgage’s DSCR program evaluates $1,856/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13320, Cherry Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 675 (61.7%) |
| Renter Occupied HU | 125 (11.4%) |
| Vacant Housing Units | 294 (26.9%) |
| Median Home Value | $262,342 |
| Average Home Value | $330,133 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
68
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Listed by: Michelle A Curran • Howard Hanna Capital, Inc.
Mls Name: Global MLS
Mls ID: #202519150