51 Fort Hill AveCanandaiguaNY14424
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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 51 Fort Hill Ave, Canandaigua, NY, 14424 with 5% annual appreciation on a $374,900 basis while $2,714/mo rent supports operations. Total monthly income totals $2,714/mo and a $1,835/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,525/yr on $124,279 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 8.69%. Five-year ROI measures 114.39% and total cumulative return in cash totals $142,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,714/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No 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: Amanda E Friend-Gigliotti • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls ID: #R1653435