49 Gilbert Street UNIT 2ACambridgeNY12816
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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 49 Gilbert Street UNIT 2A, Cambridge, NY, 12816 offers a 6.13% rental yield on a $234,900 purchase with $1,200/mo rent. 76% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 55.7% and total cumulative return in cash at $43,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
1,742 sqft lot
$N/A/sqft
$225 monthly 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: Jolene Thomas • PennyDot Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427261
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