227 Leonard StSherrillNY13461
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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 Sherrill at 227 Leonard St, Sherrill, NY, 13461 listed at $199,000 pairs $1,380/mo rent with a $974/mo payment to leave $51/mo cash flow. Total monthly income runs $1,380/mo, and annual cash flow reaches $613/yr on $65,969 cash to close. Return on cash invested measures 20.84% in year one, and rental yield registers 8.32% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 108.53% and total cumulative return in cash totals $71,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13461, Sherrill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 958 (68.3%) |
| Renter Occupied HU | 377 (26.9%) |
| Vacant Housing Units | 67 ( 4.8%) |
| Median Home Value | $222,663 |
| Average Home Value | $274,809 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,291
Multi-Family
88
Businesses
99
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