262 Parsons RdSharon SpringsNY13459
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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 Sharon Springs at 262 Parsons Rd, Sharon Springs, NY, 13459 offers $2,971/mo rent that, after a $3,916/mo payment. Total monthly income is $2,971/mo. Return on cash invested measures 9.25% in year one, and rental yield stands at 4.46% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 46.29% and total cumulative return in cash reaches $121,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,971/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1872
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13459, Sharon Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 698 (64.7%) |
| Renter Occupied HU | 195 (18.1%) |
| Vacant Housing Units | 185 (17.2%) |
| Median Home Value | $216,216 |
| Average Home Value | $263,456 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
72
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Nearby investment properties with comparable prices
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