2 Mink IsHammondNY13646
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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 2 Mink Is, Hammond, NY, 13646 with 5% annual appreciation on a $409,000 basis while $1,706/mo rent supports operations. 83% in year one. Equity gained on principal adds $2,639/yr, and five-year appreciation sums $112,999 alongside rental yield of 5.01%. Five-year ROI measures 54.83% and total cumulative return in cash totals $74,337. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,706/mo property income versus a $2,002/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.36 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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