4419 Route 60GerryNY14740
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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 Gerry at 4419 Route 60, Gerry, NY, 14740 listed at $189,900 pairs $1,480/mo rent with a $929/mo payment to leave $212/mo cash flow. Total monthly income runs $1,480/mo, and annual cash flow reaches $2,548/yr on $62,952 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 9.35% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 125.23% and total cumulative return in cash totals $78,833. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,480/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14740, Gerry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 652 (100%) |
| Owner Occupied HU | 445 (68.3%) |
| Renter Occupied HU | 102 (15.6%) |
| Vacant Housing Units | 105 (16.1%) |
| Median Home Value | $155,053 |
| Average Home Value | $201,854 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
20
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