461 S Hamilton StPainted PostNY14870
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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 Painted Post at 461 S Hamilton St, Painted Post, NY, 14870 priced at $162,000 converts $1,301/mo rent into $219/mo cash flow after a $793/mo obligation. Total monthly income equals $1,301/mo, and annual cash flow totals $2,629/yr on $53,703 invested. Return on cash invested prints 24.8% in year one, and rental yield reads 9.64% against a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation compiles into $44,758 by year five. Five-year ROI reaches 129.84% and total cumulative return in cash sums $69,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,301/mo property income covering a $793/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Nancy C. Dubendorfer • Warren Real Estate-Corning
Mls Name: NYSAMLSs
Mls ID: #R1642501