1077 Alameda RdHobartNY13788
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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 Hobart at 1077 Alameda Rd, Hobart, NY, 13788 at $144,500 posts ROI 82.75% with $2,508/mo cash flow from $3,473/mo rent. Total monthly income equals $3,473/mo, and annual cash flow records $30,100/yr on $47,902 to close. Return on cash invested measures 82.75% and rental yield reads 28.84% at the current $144,500. Equity gained on principal adds $932/yr, and 5% annual appreciation supports $39,923 by year five. Five-year ROI prints 440.52% and total cumulative return in cash totals $211,015.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,473/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
6.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13788, Hobart, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 330 (45.5%) |
| Renter Occupied HU | 106 (14.6%) |
| Vacant Housing Units | 290 (39.9%) |
| Median Home Value | $300,000 |
| Average Home Value | $353,614 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
30
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