45 Cliffside DrCanandaiguaNY14424
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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 45 Cliffside Dr, Canandaigua, NY, 14424 listed at $285,000 pairs $2,067/mo rent with a $1,395/mo payment. Total monthly income runs $2,067/mo. Return on cash invested measures 13.96% in year one, and rental yield registers 8.7% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 74.5% and total cumulative return in cash totals $70,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,067/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
$632 monthly 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: Stephanie Buisch • Your Hometown Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1587892
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