192 Old Queechy 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
Investment property for sale in Canaan at 192 Old Queechy Road, Canaan, NY, 12029 listed at $895,000 pairs $4,636/mo rent with a $4,381/mo payment. Total monthly income runs $4,636/mo. Return on cash invested measures 14.59% in year one, and rental yield registers 6.22% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 74.95% and total cumulative return in cash totals $220,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,636/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2001
8.60 Acres lot
$N/A/sqft
No HOA
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Listed by: Jean Howard • RE/MAX Solutions - Troy
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #154735
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