9673 Silsbee RdHammondsportNY14840
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 9673 Silsbee Rd, Hammondsport, NY, 14840 in Hammondsport at $589,000, 4.28% gross yield, is a market-growth asset. Rental yield 4.28%. The $2,100/mo rent partially funds the $2,649/mo debt service; the core return is the 5%/yr price growth projected to add $162,730 over five years. Ziffy Mortgage's DSCR mortgage (0.79) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $106,616.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(1,833) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $3,699 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
5 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
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
Single Family
Built in 1998
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brianne E. Kirk • Wine Trail Properties, LLC
Mls Name: NYSAMLSs
Mls ID: #R1659840