5688 Hill RdHamiltonNY13346
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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 Hamilton at 5688 Hill Rd, Hamilton, NY, 13346 generates $2,506/mo in rent and, after a $744/mo payment, leaves $1,491/mo in cash flow. Total monthly income is $2,506/mo, and annual cash flow is $17,891/yr on $50,388 invested. Return on cash invested sits at 55.42% in year one, and rental yield is 19.78% on a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 293.88% and total cumulative return in cash sums $148,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,506/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
2.68 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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Listed by: Susan Gustafson • Susie Gustafson R.E., LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1605928
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