77 Spring StCambridgeNY12816
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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 Cambridge at 77 Spring St, Cambridge, NY, 12816 offers a 10.42% rental yield on a $346,600 purchase with $3,010/mo rent. Total monthly income registers $3,010/mo, and a $1,696/mo payment leaves $696/mo available for distribution. Annual cash flow reaches $8,351/yr on $114,898 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $2,237/yr while 5% annual appreciation supports $95,759 over five years. Portfolio math shows five-year ROI at 142.44% and total cumulative return in cash at $163,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,010/mo property income against a $1,696/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3 Acres 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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