481 County Route 61CambridgeNY12816
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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 Cambridge at 481 County Route 61, Cambridge, NY, 12816 earns $1,156/mo cash flow from $3,493/mo rent with a $1,713/mo payment. Total monthly income totals $3,493/mo, and annual cash flow totals $13,872/yr on $115,992 capital. ROI tracks 31.87% on current figures, and rental yield reads 11.98% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 167.66% and total cumulative return in cash sums $194,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,493/mo property income instead of your personal income.
Single Family
Built in 1980
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12816, Cambridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,301 (100%) |
| Owner Occupied HU | 1,436 (62.4%) |
| Renter Occupied HU | 413 (17.9%) |
| Vacant Housing Units | 452 (19.6%) |
| Median Home Value | $234,528 |
| Average Home Value | $325,853 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,881
Multi-Family
62
Businesses
181
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Listed by: Kelly L Sharifipour • Darby Real Estate of NY Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202425324
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker