1577 County Route 6HammondNY13646
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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 Hammond at 1577 County Route 6, Hammond, NY, 13646 earns $531/mo cash flow from $2,060/mo rent with a $1,121/mo payment. Total monthly income totals $2,060/mo, and annual cash flow totals $6,367/yr on $75,914 capital. ROI tracks 28.3% on current figures, and rental yield reads 10.79% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 148.49% and total cumulative return in cash sums $112,721. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,060/mo property income instead of your personal income.
Single Family
Built in 1880
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13646, Hammond, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,683 (100%) |
| Owner Occupied HU | 852 (31.8%) |
| Renter Occupied HU | 187 ( 7.0%) |
| Vacant Housing Units | 1,644 (61.3%) |
| Median Home Value | $167,500 |
| Average Home Value | $236,849 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,141
Multi-Family
12
Businesses
36
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