72 Sherman Hill DrCamdenNY13316
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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 Camden at 72 Sherman Hill Dr, Camden, NY, 13316 priced at $149,900 converts $1,344/mo rent into $343/mo cash flow after a $734/mo obligation. Total monthly income equals $1,344/mo, and annual cash flow totals $4,112/yr on $49,692 invested. Return on cash invested prints 28.18% in year one, and rental yield reads 10.76% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 147.88% and total cumulative return in cash sums $73,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,344/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 2013
8.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13316, Camden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,248 (100%) |
| Owner Occupied HU | 2,066 (63.6%) |
| Renter Occupied HU | 643 (19.8%) |
| Vacant Housing Units | 539 (16.6%) |
| Median Home Value | $212,421 |
| Average Home Value | $257,884 |
Housing Distribution
Address Breakdown
Residential
2,468
Single Family
2,411
Multi-Family
57
Businesses
160
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