9386 Wixson RdHammondsportNY14840
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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 9386 Wixson Rd, Hammondsport, NY, 14840 earns from $1,238/mo rent with a $1,463/mo payment. Total monthly income totals $1,238/mo. ROI tracks 10.73% on current figures, and rental yield reads 4.97% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 54.26% and total cumulative return in cash sums $53,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,238/mo property income instead of your personal income.
Manufactured
Built in 1970
5,662 sqft 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: Tracie Simons • Knolles Real Estate, LLC
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31723090
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.