8436 State Route 54HammondsportNY14840
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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 Hammondsport at 8436 State Route 54, Hammondsport, NY, 14840 listed at $209,995 pairs $2,100/mo rent with a $1,028/mo payment to leave $698/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $8,370/yr on $69,613 cash to close. Return on cash invested measures 31.93% in year one, and rental yield registers 12% at a $209,995 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,018 by year five. Five-year ROI tracks 168.01% and total cumulative return in cash totals $116,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14840, Hammondsport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,897 (100%) |
| Owner Occupied HU | 1,129 (39.0%) |
| Renter Occupied HU | 240 ( 8.3%) |
| Vacant Housing Units | 1,528 (52.7%) |
| Median Home Value | $326,471 |
| Average Home Value | $395,569 |
Housing Distribution
Address Breakdown
Residential
1,764
Single Family
1,743
Multi-Family
21
Businesses
114
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Listed by: Michael Hanna • Howard Hanna Lake Group
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1587964
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