515 Highway Route 20Sharon SpringsNY13459
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 Sharon Springs at 515 Highway Route 20, Sharon Springs, NY, 13459 generates $1,534/mo in rent and, after a $1,121/mo payment, leaves $5/mo in cash flow. Total monthly income is $1,534/mo, and annual cash flow is $55/yr on $75,914 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 8.04% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 103.89% and total cumulative return in cash sums $78,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,534/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13459, Sharon Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 698 (64.7%) |
| Renter Occupied HU | 195 (18.1%) |
| Vacant Housing Units | 185 (17.2%) |
| Median Home Value | $216,216 |
| Average Home Value | $263,456 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
795
Multi-Family
24
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca C Zarski • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202515168