18 Hamlin DrCanandaiguaNY14424
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 Canandaigua at 18 Hamlin Dr, Canandaigua, NY, 14424 at $315,000 posts ROI 20.5% with $51/mo cash flow from $2,430/mo rent. Total monthly income equals $2,430/mo, and annual cash flow records $615/yr on $104,423 to close. Return on cash invested measures 20.5% and rental yield reads 9.26% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 107.81% and total cumulative return in cash totals $112,577.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,430/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
4,277 sqft lot
$N/A/sqft
$275 monthly 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: Lynn A. Emmerling • RE/MAX Integrity
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1619490
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