This is a six-core, twelve-threaded chip with a 3.2GHz base clock, 3.6GHz Boost and a $219 MSRP. Performance-wise the Ryzen 5 1600 is able to match or even slightly beat the $399 Ryzen 7 1700X in most gaming tests.
You can check out the full review over here but it's in Spanish so you may need Google Translate if you want to read the actual text instead of just browse the charts. The site tested a lot of synthetic benchmarks and provides 1080p and 4K gaming results.