14 Ridge RoadCanajoharieNY13317
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Canajoharie at 14 Ridge Road, Canajoharie, NY, 13317 with 5% annual appreciation on a $220,000 basis while $2,058/mo rent supports operations. Total monthly income totals $2,058/mo and a $1,077/mo payment preserves $589/mo for cash returns. Annual cash flow comes to $7,064/yr on $72,930 deployed, and return on cash invested reaches 29.6% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 11.23%. Five-year ROI measures 155.46% and total cumulative return in cash totals $113,375.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,058/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13317, Canajoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,072 (61.2%) |
| Renter Occupied HU | 422 (24.1%) |
| Vacant Housing Units | 259 (14.8%) |
| Median Home Value | $141,241 |
| Average Home Value | $206,182 |
Housing Distribution
Address Breakdown
Residential
1,579
Single Family
1,506
Multi-Family
73
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anganese Gomez • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202525419