93 Chapel RdHannibalNY13074
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
Rental property for sale in Hannibal at 93 Chapel Rd, Hannibal, NY, 13074 generates $3,440/mo in rent and, after a $705/mo payment, leaves $2,478/mo in cash flow. Total monthly income is $3,440/mo, and annual cash flow is $29,736/yr on $47,768 invested. Return on cash invested sits at 82.16% in year one, and rental yield is 28.65% on a $144,098 entry. Equity gained on principal adds $930/yr, while 5% annual appreciation builds toward $39,812 over five years. Five-year ROI reaches 437.39% and total cumulative return in cash sums $208,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13074, Hannibal, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,421 (71.1%) |
| Renter Occupied HU | 365 (18.3%) |
| Vacant Housing Units | 213 (10.7%) |
| Median Home Value | $149,141 |
| Average Home Value | $207,333 |
Housing Distribution
Address Breakdown
Residential
1,654
Single Family
1,610
Multi-Family
44
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices