7175 Stedman Sherman RdShermanNY14781
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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 Sherman at 7175 Stedman Sherman Rd, Sherman, NY, 14781 uses $96,367 cash to close to unlock $12,859/yr annual cash flow and $1,072/mo monthly cash flow. Total monthly income runs $3,013/mo, and a $1,423/mo payment keeps the spread at $1,072/mo. Purchase price stands at $290,700, and rental yield measures 12.44% with $3,013/mo rent. Return on cash invested shows 33.25% in year one, and 5% annual appreciation builds toward $80,315 over five years. Five-year ROI reaches 175.05% and total cumulative return in cash records $168,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,013/mo property income covering a $1,423/mo payment rather than investor’s personal income.
Single Family
Built in 2019
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14781, Sherman, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 593 (60.6%) |
| Renter Occupied HU | 159 (16.2%) |
| Vacant Housing Units | 227 (23.2%) |
| Median Home Value | $181,944 |
| Average Home Value | $255,021 |
Housing Distribution
Address Breakdown
Residential
532
Single Family
509
Multi-Family
23
Businesses
37
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