39 Sherman AveWyomingNY14591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wyoming at 39 Sherman Ave, Wyoming, NY, 14591 priced at $219,900 converts $1,765/mo rent into $297/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,765/mo, and annual cash flow totals $3,562/yr on $72,897 invested. Return on cash invested prints 24.8% in year one, and rental yield reads 9.63% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 129.69% and total cumulative return in cash sums $94,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,765/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14591, Wyoming, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 578 (77.4%) |
| Renter Occupied HU | 95 (12.7%) |
| Vacant Housing Units | 74 ( 9.9%) |
| Median Home Value | $206,522 |
| Average Home Value | $254,247 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
584
Multi-Family
5
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices