15 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 15 Ridge Road, Canajoharie, NY, 13317 uses $59,007 cash to close to unlock $7,027/yr annual cash flow and $586/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $871/mo payment keeps the spread at $586/mo. Purchase price stands at $178,000, and rental yield measures 11.96% with $1,774/mo rent. Return on cash invested shows 31.82% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 167.37% and total cumulative return in cash records $98,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $871/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.37 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: Carrie Smith • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202529225