3450 E Sherman Hollow RdPenn YanNY14527
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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 Penn Yan at 3450 E Sherman Hollow Rd, Penn Yan, NY, 14527 earns $32/mo cash flow from $2,035/mo rent with a $1,468/mo payment. Total monthly income totals $2,035/mo, and annual cash flow totals $384/yr on $99,450 capital. ROI tracks 20.3% on current figures, and rental yield reads 8.14% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash sums $104,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,035/mo property income instead of your personal income.
Single Family
Built in 1900
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14527, Penn Yan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,705 (100%) |
| Owner Occupied HU | 3,605 (53.8%) |
| Renter Occupied HU | 1,595 (23.8%) |
| Vacant Housing Units | 1,505 (22.4%) |
| Median Home Value | $226,502 |
| Average Home Value | $360,208 |
Housing Distribution
Address Breakdown
Residential
5,712
Single Family
5,491
Multi-Family
221
Businesses
452
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