51 Lancaster StCherry ValleyNY13320
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 Cherry Valley at 51 Lancaster St, Cherry Valley, NY, 13320 offers $1,806/mo rent that, after a $808/mo payment, leaves $704/mo cash flow. Total monthly income is $1,806/mo, and annual cash flow is $8,445/yr on $54,698 cash. Return on cash invested measures 35.35% in year one, and rental yield stands at 13.13% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 186.28% and total cumulative return in cash reaches $101,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,806/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13320, Cherry Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 675 (61.7%) |
| Renter Occupied HU | 125 (11.4%) |
| Vacant Housing Units | 294 (26.9%) |
| Median Home Value | $262,342 |
| Average Home Value | $330,133 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A