169 Cunningham Hill RoadCanaanNY12029
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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 Canaan at 169 Cunningham Hill Road, Canaan, NY, 12029 priced at $1,299,000 pairs $3,841/mo rent with after a $6,358/mo payment. Total monthly income equals $3,841/mo. Return on cash invested is 6.59% in year one, and rental yield stands at 3.55% on a $1,299,000 basis. Equity gained on principal adds $8,382/yr, and 5% annual appreciation accumulates to $358,890 by year five. Five-year ROI measures 31.97% and total cumulative return in cash reaches $134,569. For financing, Ziffy Mortgage’s DSCR program evaluates $3,841/mo property income against a $6,358/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1987
36.95 Acres lot
$N/A/sqft
No HOA
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Listed by: Anne Harrison • Country Life Real Estate, LLC
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #156864
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