13141 W Lake RdHammondsportNY14840
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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 Hammondsport at 13141 W Lake Rd, Hammondsport, NY, 14840 at $1,200,000 posts ROI 2.12% with from $2,100/mo rent. Total monthly income equals $2,100/mo. Return on cash invested measures 2.12% and rental yield reads 2.1% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 8% and total cumulative return in cash totals $31,115. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14840, Hammondsport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,897 (100%) |
| Owner Occupied HU | 1,129 (39.0%) |
| Renter Occupied HU | 240 ( 8.3%) |
| Vacant Housing Units | 1,528 (52.7%) |
| Median Home Value | $326,471 |
| Average Home Value | $395,569 |
Housing Distribution
Address Breakdown
Residential
1,764
Single Family
1,743
Multi-Family
21
Businesses
114
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Listed by: Mary St. George • Keller Williams Realty Gateway
Mls Name: ECMLS
Mls Provider:
Mls ID: #273839
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.