114 McCollum RdHermonNY13652
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 114 McCollum Rd, Hermon, NY, 13652 in Hermon is listed at $184,000 and delivers $1,440/mo in rent and $211/mo in net monthly cash flow. The 9.39% yield and 1.74 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $50,836 over five years, and $1,695/yr in principal reduction supplements cash return. Total projected cumulative return: $83,785.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $211 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,156 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1880
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13652, Hermon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 640 (58.1%) |
| Renter Occupied HU | 132 (12.0%) |
| Vacant Housing Units | 329 (29.9%) |
| Median Home Value | $122,000 |
| Average Home Value | $165,918 |
Housing Distribution
Address Breakdown
Residential
708
Single Family
692
Multi-Family
16
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1880
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13652, Hermon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 640 (58.1%) |
| Renter Occupied HU | 132 (12.0%) |
| Vacant Housing Units | 329 (29.9%) |
| Median Home Value | $122,000 |
| Average Home Value | $165,918 |
Housing Distribution
Address Breakdown
Residential
708
Single Family
692
Multi-Family
16
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices