26 Andrews WayCanandaiguaNY14424
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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 26 Andrews Way, Canandaigua, NY, 14424 offers a 10.39% rental yield on a $329,900 purchase with $2,857/mo rent. Total monthly income registers $2,857/mo, and a $1,615/mo payment leaves $654/mo available for distribution. Annual cash flow reaches $7,844/yr on $109,362 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 141.95% and total cumulative return in cash at $155,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,857/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
3,920 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: Chad J. Loblaw • Brix & Maven Realty Group LLC
Mls Name: NYSAMLSs
Mls ID: #R1640545