219 County Road 24SherburneNY13460
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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 Sherburne at 219 County Road 24, Sherburne, NY, 13460 offers a 10.66% rental yield on a $235,000 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,150/mo payment leaves $518/mo available for distribution. Annual cash flow reaches $6,215/yr on $77,903 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 146.27% and total cumulative return in cash at $113,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13460, Sherburne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,327 (63.6%) |
| Renter Occupied HU | 508 (24.3%) |
| Vacant Housing Units | 252 (12.1%) |
| Median Home Value | $148,070 |
| Average Home Value | $176,667 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,387
Multi-Family
86
Businesses
118
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