Cortland Plan, Creekside of HamlinHamlinNY14464
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 Hamlin at Cortland Plan, Creekside of Hamlin, Hamlin, NY, 14464 offers a 9.05% rental yield on a $128,900 purchase with $972/mo rent. Total monthly income registers $972/mo, and a $631/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,334/yr on $42,730 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,613 over five years. Portfolio math shows five-year ROI at 120.32% and total cumulative return in cash at $51,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $972/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14464, Hamlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 2,432 (76.2%) |
| Renter Occupied HU | 543 (17.0%) |
| Vacant Housing Units | 217 ( 6.8%) |
| Median Home Value | $185,468 |
| Average Home Value | $245,748 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,680
Multi-Family
239
Businesses
85
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