45 Spears StCantonNY13617
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Nearby investment properties with comparable prices
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 Canton at 45 Spears St, Canton, NY, 13617 at $170,000 posts ROI 46.29% with $1,239/mo cash flow from $2,374/mo rent. Total monthly income equals $2,374/mo, and annual cash flow records $14,866/yr on $56,355 to close. Return on cash invested measures 46.29% and rental yield reads 16.76% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 244.94% and total cumulative return in cash totals $138,033.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,374/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13617, Canton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,149 (100%) |
| Owner Occupied HU | 2,330 (56.2%) |
| Renter Occupied HU | 1,277 (30.8%) |
| Vacant Housing Units | 542 (13.1%) |
| Median Home Value | $171,262 |
| Average Home Value | $201,627 |
Housing Distribution
Address Breakdown
Residential
3,731
Single Family
3,339
Multi-Family
392
Businesses
379
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