53 W Main StCanajoharieNY13317
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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
Rental property for sale in Canajoharie at 53 W Main St, Canajoharie, NY, 13317 generates $2,166/mo in rent and, after a $926/mo payment, leaves $903/mo in cash flow. Total monthly income is $2,166/mo, and annual cash flow is $10,832/yr on $62,712 invested. Return on cash invested sits at 37.18% in year one, and rental yield is 13.74% on a $189,175 entry. Equity gained on principal adds $1,221/yr, while 5% annual appreciation builds toward $52,266 over five years. Five-year ROI reaches 196.13% and total cumulative return in cash sums $122,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,166/mo property income rather than buyer’s personal income.
Apartment
Built in 1970
8,144 sqft 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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