53 Locust Dr #LO53HamlinNY14464
Nearby investment properties with comparable rents
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 Hamlin at 53 Locust Dr #LO53, Hamlin, NY, 14464 at $123,900 posts ROI 50.41% with $1,044/mo cash flow from $1,871/mo rent. Total monthly income equals $1,871/mo, and annual cash flow records $12,529/yr on $41,073 to close. Return on cash invested measures 50.41% and rental yield reads 18.12% at the current $123,900. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,231 by year five. Five-year ROI prints 267.14% and total cumulative return in cash totals $109,724.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,871/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14464, Hamlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 2,432 (76.2%) |
| Renter Occupied HU | 543 (17.0%) |
| Vacant Housing Units | 217 ( 6.8%) |
| Median Home Value | $185,468 |
| Average Home Value | $245,748 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,680
Multi-Family
239
Businesses
85
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