4208 Canalside DrPalmyraNY14522
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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 Palmyra at 4208 Canalside Dr, Palmyra, NY, 14522 earns $359/mo cash flow from $1,554/mo rent with a $876/mo payment. Total monthly income totals $1,554/mo, and annual cash flow totals $4,308/yr on $59,305 capital. ROI tracks 27.17% on current figures, and rental yield reads 10.42% at a $178,900 purchase. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,427 over five years. Five-year ROI reaches 142.42% and total cumulative return in cash sums $84,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,554/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14522, Palmyra, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 2,802 (66.3%) |
| Renter Occupied HU | 1,094 (25.9%) |
| Vacant Housing Units | 330 ( 7.8%) |
| Median Home Value | $190,493 |
| Average Home Value | $228,836 |
Housing Distribution
Address Breakdown
Residential
3,921
Single Family
3,618
Multi-Family
303
Businesses
239
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