695 Town Brook RdHobartNY13788
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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 Hobart at 695 Town Brook Rd, Hobart, NY, 13788 listed at $169,000 pairs $1,987/mo rent with a $827/mo payment to leave $859/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $10,303/yr on $56,024 cash to close. Return on cash invested measures 38.3% in year one, and rental yield registers 14.11% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 202.15% and total cumulative return in cash totals $113,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13788, Hobart, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 330 (45.5%) |
| Renter Occupied HU | 106 (14.6%) |
| Vacant Housing Units | 290 (39.9%) |
| Median Home Value | $300,000 |
| Average Home Value | $353,614 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
30
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