4092 State Highway 36CanisteoNY14823
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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
Rental property for sale in Canisteo at 4092 State Highway 36, Canisteo, NY, 14823 generates $2,760/mo in rent, after a $3,059/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 11.81% in year one, and rental yield is 5.3% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 60.03% and total cumulative return in cash sums $123,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
271.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14823, Canisteo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,825 (100%) |
| Owner Occupied HU | 1,164 (63.8%) |
| Renter Occupied HU | 386 (21.2%) |
| Vacant Housing Units | 275 (15.1%) |
| Median Home Value | $150,130 |
| Average Home Value | $180,271 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,569
Multi-Family
24
Businesses
88
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Listed by: Daniel Heisey • LandQuest, Inc.
Mls Name: ECMLS
Mls Provider:
Mls ID: #278049
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.