2891 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 2891 County Route 6, Hammond, NY, 13646 offers a 9.69% rental yield on a $180,000 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $881/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,024/yr on $59,670 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 130.65% and total cumulative return in cash at $77,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
2.33 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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Listed by: Scott Woods • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49841
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.