3870 Cove ContentCanandaiguaNY14424
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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 3870 Cove Content, Canandaigua, NY, 14424 offers a 3.97% rental yield on a $999,900 purchase with $3,310/mo rent. 78% in year one. Equity gained on principal adds $6,452/yr while 5% annual appreciation supports $276,254 over five years. Portfolio math shows five-year ROI at 38.4% and total cumulative return in cash at $126,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,310/mo property income against a $4,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.26 Acres 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: Richard J. Testa • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1645639