9924 Bailey Hill 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 9924 Bailey Hill Rd, Sherman, NY, 14781 offers a 18.5% rental yield on a $138,000 purchase with $2,128/mo rent. Total monthly income registers $2,128/mo, and a $675/mo payment leaves $1,207/mo available for distribution. Annual cash flow reaches $14,483/yr on $45,747 to close, and return on cash invested stands at 51.57% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 273.24% and total cumulative return in cash at $124,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
5 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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