125 Grove Dr APT 9BCanandaiguaNY14424
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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 Canandaigua at 125 Grove Dr APT 9B, Canandaigua, NY, 14424 generates $1,568/mo in rent, after a $1,091/mo payment. Total monthly income is $1,568/mo. Return on cash invested sits at 17.55% in year one, and rental yield is 8.44% on a $222,900 entry. Equity gained on principal adds $1,438/yr, while 5% annual appreciation builds toward $61,583 over five years. Five-year ROI reaches 92.16% and total cumulative return in cash sums $68,098. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,568/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
435.60 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14424, Canandaigua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,084 (100%) |
| Owner Occupied HU | 8,272 (54.8%) |
| Renter Occupied HU | 4,612 (30.6%) |
| Vacant Housing Units | 2,200 (14.6%) |
| Median Home Value | $322,166 |
| Average Home Value | $405,626 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
11,910
Multi-Family
1,736
Businesses
1,045
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Listed by: Amanda E Friend-Gigliotti • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1591821
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