604 Academy StHammondNY13646
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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 604 Academy St, Hammond, NY, 13646 at $165,000 posts ROI 23.41% with $160/mo cash flow from $1,262/mo rent. Total monthly income equals $1,262/mo, and annual cash flow records $1,917/yr on $54,698 to close. Return on cash invested measures 23.41% and rental yield reads 9.18% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 122.29% and total cumulative return in cash totals $66,887.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,262/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.50 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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