1964 Lake RdHamlinNY14464
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
Investment Highlights
Investment property for sale in Hamlin at 1964 Lake Rd, Hamlin, NY, 14464 earns $747/mo cash flow from $2,750/mo rent with a $1,468/mo payment. Total monthly income totals $2,750/mo, and annual cash flow totals $8,966/yr on $99,417 capital. ROI tracks 28.93% on current figures, and rental yield reads 11% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 151.89% and total cumulative return in cash sums $151,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,750/mo property income instead of your personal income.
Single Family
Built in 1954
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14464, Hamlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 2,432 (76.2%) |
| Renter Occupied HU | 543 (17.0%) |
| Vacant Housing Units | 217 ( 6.8%) |
| Median Home Value | $185,468 |
| Average Home Value | $245,748 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,680
Multi-Family
239
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices