232 Canal StMontour FallsNY14865
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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 Montour Falls at 232 Canal St, Montour Falls, NY, 14865 with 5% annual appreciation on a $399,000 basis while $3,168/mo rent supports operations. Total monthly income totals $3,168/mo and a $1,953/mo payment preserves $503/mo for cash returns. Annual cash flow comes to $6,041/yr on $132,269 deployed, and return on cash invested reaches 24.48% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 9.53%. Five-year ROI measures 127.99% and total cumulative return in cash totals $169,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,168/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14865, Montour Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 732 (58.7%) |
| Renter Occupied HU | 366 (29.3%) |
| Vacant Housing Units | 150 (12.0%) |
| Median Home Value | $155,172 |
| Average Home Value | $199,279 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
854
Multi-Family
68
Businesses
117
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Listed by: Becki Wheeler • Smart Focus Realty
Mls Name: NYSAMLSs
Mls ID: #R1650703