4384 Whitman RdCanastotaNY13032
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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 Canastota at 4384 Whitman Rd, Canastota, NY, 13032 uses $39,780 cash to close to unlock $1,680/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $941/mo, and a $587/mo payment keeps the spread at $140/mo. Purchase price stands at $120,000, and rental yield measures 9.41% with $941/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash records $50,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $941/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1973
1 Acres 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
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