61 Hillcrest DrHamlinNY14464
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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 Hamlin at 61 Hillcrest Dr, Hamlin, NY, 14464 priced at $349,900 converts $3,030/mo rent into $693/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,030/mo, and annual cash flow totals $8,316/yr on $115,992 invested. Return on cash invested prints 27.08% in year one, and rental yield reads 10.39% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 141.97% and total cumulative return in cash sums $164,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,030/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.34 Acres 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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