5 Lipe PlaceCanajoharieNY13317
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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 Canajoharie at 5 Lipe Place, Canajoharie, NY, 13317 offers a 8.51% rental yield on a $215,000 purchase with $1,525/mo rent. Total monthly income registers $1,525/mo, and a $1,052/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,075/yr on $71,273 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 111.6% and total cumulative return in cash at $79,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,525/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.30 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: Sarah Davidson • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202524687