8842 State Highway 12SherburneNY13460
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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 Sherburne at 8842 State Highway 12, Sherburne, NY, 13460 generates $1,473/mo in rent and, after a $930/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,473/mo, and annual cash flow is $2,450/yr on $62,985 invested. Return on cash invested sits at 23.8% in year one, and rental yield is 9.3% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $78,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,473/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13460, Sherburne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,087 (100%) |
| Owner Occupied HU | 1,327 (63.6%) |
| Renter Occupied HU | 508 (24.3%) |
| Vacant Housing Units | 252 (12.1%) |
| Median Home Value | $148,070 |
| Average Home Value | $176,667 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,387
Multi-Family
86
Businesses
118
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