9032 County Route 87HammondsportNY14840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9032 County Route 87, Hammondsport, NY, 14840 earns from $2,100/mo rent with a $2,668/mo payment. Total monthly income totals $2,100/mo. ROI tracks 9.75% on current figures, and rental yield reads 4.62% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 49.03% and total cumulative return in cash sums $87,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2014
3.65 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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Nearby investment properties with comparable prices
Listed by: Paul Tyrrell • Keuka Lake & Land Realty
Mls Name: NYSAMLSs
Mls ID: #R1636149