531 Sullivan WayCambridgeNY12816
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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
Rental property for sale in Cambridge at 531 Sullivan Way, Cambridge, NY, 12816 priced at $199,000 pairs $1,956/mo rent with $627/mo cash flow after a $974/mo payment. Total monthly income equals $1,956/mo, and annual cash flow comes to $7,525/yr on $65,969 invested. Return on cash invested is 31.32% in year one, and rental yield stands at 11.79% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 164.72% and total cumulative return in cash reaches $108,666. For financing, Ziffy Mortgage’s DSCR program evaluates $1,956/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
5,227 sqft 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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