41 Ridge RoadCanajoharieNY13317
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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 Canajoharie at 41 Ridge Road, Canajoharie, NY, 13317 offers $1,702/mo rent that, after a $929/mo payment, leaves $434/mo cash flow. Total monthly income is $1,702/mo, and annual cash flow is $5,212/yr on $62,952 cash. Return on cash invested measures 28.19% in year one, and rental yield stands at 10.76% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 147.93% and total cumulative return in cash reaches $93,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,702/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13317, Canajoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,072 (61.2%) |
| Renter Occupied HU | 422 (24.1%) |
| Vacant Housing Units | 259 (14.8%) |
| Median Home Value | $141,241 |
| Average Home Value | $206,182 |
Housing Distribution
Address Breakdown
Residential
1,579
Single Family
1,506
Multi-Family
73
Businesses
149
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Listed by: Laurie L Weingart • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202526688