2077 Spring StHamiltonNY13346
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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 Hamilton at 2077 Spring St, Hamilton, NY, 13346 listed at $495,000 pairs $5,032/mo rent with a $2,423/mo payment to leave $1,726/mo cash flow. Total monthly income runs $5,032/mo, and annual cash flow reaches $20,715/yr on $164,093 cash to close. Return on cash invested measures 32.53% in year one, and rental yield registers 12.2% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 171.19% and total cumulative return in cash totals $280,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,032/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13346, Hamilton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 1,139 (53.1%) |
| Renter Occupied HU | 537 (25.0%) |
| Vacant Housing Units | 468 (21.8%) |
| Median Home Value | $276,869 |
| Average Home Value | $339,098 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,729
Multi-Family
73
Businesses
201
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Nearby investment properties with comparable prices
Listed by: Charles R Wilson lll • Hamilton Village R.E., LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1539807
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