154 W Gibson StCanandaiguaNY14424
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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
Investment property for sale in Canandaigua at 154 W Gibson St, Canandaigua, NY, 14424 at $199,999 posts ROI 43.77% with $1,318/mo cash flow from $2,654/mo rent. Total monthly income equals $2,654/mo, and annual cash flow records $15,820/yr on $66,300 to close. Return on cash invested measures 43.77% and rental yield reads 15.92% at the current $199,999. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 231.51% and total cumulative return in cash totals $153,488.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,654/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
8,067 sqft lot
$N/A/sqft
No 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: Katherine A.M. Ferguson-Schmidl • Keller Williams Realty Gateway
Mls Name: NYSAMLSs
Mls ID: #R1638526