3071 Ryan DrCanastotaNY13032
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
Rental property for sale in Canastota at 3071 Ryan Dr, Canastota, NY, 13032 generates $1,144/mo in rent, after a $1,593/mo payment. Total monthly income is $1,144/mo. Return on cash invested sits at 8.46% in year one, and rental yield is 4.22% on a $325,500 entry. Equity gained on principal adds $2,100/yr, while 5% annual appreciation builds toward $89,930 over five years. Five-year ROI reaches 42.09% and total cumulative return in cash sums $45,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13032, Canastota, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,844 (100%) |
| Owner Occupied HU | 3,790 (64.9%) |
| Renter Occupied HU | 1,336 (22.9%) |
| Vacant Housing Units | 718 (12.3%) |
| Median Home Value | $194,085 |
| Average Home Value | $241,179 |
Housing Distribution
Address Breakdown
Residential
5,223
Single Family
4,991
Multi-Family
232
Businesses
281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gretchen Loomis • Coldwell Banker Prime Prop. Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1596781
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-10-19 04:46:21 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.