0 Gillies Hill RdCanaseragaNY14822
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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
Total monthly income runs $2,009/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 4.82% with $2,009/mo rent. Return on cash invested shows 10.28% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 51.85% and total cumulative return in cash records $85,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2001
165.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14822, Canaseraga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 570 (100%) |
| Owner Occupied HU | 366 (64.2%) |
| Renter Occupied HU | 62 (10.9%) |
| Vacant Housing Units | 142 (24.9%) |
| Median Home Value | $122,222 |
| Average Home Value | $166,250 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
37
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Listed by: Paul Vaicunas • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11251803