1360 County Route 3HannibalNY13074
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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 Hannibal at 1360 County Route 3, Hannibal, NY, 13074 earns $453/mo cash flow from $1,787/mo rent with a $978/mo payment. Total monthly income totals $1,787/mo, and annual cash flow totals $5,430/yr on $66,267 capital. ROI tracks 28.1% on current figures, and rental yield reads 10.73% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 147.46% and total cumulative return in cash sums $97,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,787/mo property income instead of your personal income.
Single Family
Built in 1955
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13074, Hannibal, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,421 (71.1%) |
| Renter Occupied HU | 365 (18.3%) |
| Vacant Housing Units | 213 (10.7%) |
| Median Home Value | $149,141 |
| Average Home Value | $207,333 |
Housing Distribution
Address Breakdown
Residential
1,654
Single Family
1,610
Multi-Family
44
Businesses
65
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