373 Dibble RdHobartNY13788
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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
Rental property for sale in Hobart at 373 Dibble Rd, Hobart, NY, 13788 priced at $110,000 converts $0/mo rent into after a $538/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.25% in year one, and rental yield reads 0% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $538/mo payment, not borrower’s personal income.
Manufactured
Built in 1968
4.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13788, Hobart, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 330 (45.5%) |
| Renter Occupied HU | 106 (14.6%) |
| Vacant Housing Units | 290 (39.9%) |
| Median Home Value | $300,000 |
| Average Home Value | $353,614 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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