11 Jackson StCanaseragaNY14822
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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
Rental property for sale in Canaseraga at 11 Jackson St, Canaseraga, NY, 14822 priced at $119,900 converts $917/mo rent into $116/mo cash flow after a $587/mo obligation. Total monthly income equals $917/mo, and annual cash flow totals $1,394/yr on $39,747 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 9.18% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 122.39% and total cumulative return in cash sums $48,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $917/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.25 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: Chad T. Snyder • Empire Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1638435