1476 County Route 5, Canaan, NY, 12029 | $1,098/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canaan at 1476 County Route 5, Canaan, NY, 12029 offers a 10.23% rental yield on a $595,000 purchase with $5,071/mo rent. Total monthly income registers $5,071/mo, and a $2,912/mo payment leaves $1,098/mo available for distribution. Annual cash flow reaches $13,175/yr on $195,755 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 140.34% and total cumulative return in cash at $274,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,071/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

3.10 Acres lot

$N/A/sqft

No HOA