112 Frances StCanastotaNY13032
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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 Canastota at 112 Frances St, Canastota, NY, 13032 priced at $120,000 pairs $1,922/mo rent with $1,121/mo cash flow after a $587/mo payment. Total monthly income equals $1,922/mo, and annual cash flow comes to $13,452/yr on $39,780 invested. Return on cash invested is 53.72% in year one, and rental yield stands at 19.22% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 284.81% and total cumulative return in cash reaches $113,299. For financing, Ziffy Mortgage’s DSCR program evaluates $1,922/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13032, Canastota, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,844 (100%) |
| Owner Occupied HU | 3,790 (64.9%) |
| Renter Occupied HU | 1,336 (22.9%) |
| Vacant Housing Units | 718 (12.3%) |
| Median Home Value | $194,085 |
| Average Home Value | $241,179 |
Housing Distribution
Address Breakdown
Residential
5,223
Single Family
4,991
Multi-Family
232
Businesses
281
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Listed by: Jennie Chapin • Chapin Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1613338
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