53 Whitings Pond Road, Canaan, NY, 12029 | $1,723/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Canaan at 53 Whitings Pond Road, Canaan, NY, 12029 priced at $695,000 pairs $6,364/mo rent with $1,723/mo cash flow after a $3,402/mo payment. Total monthly income equals $6,364/mo, and annual cash flow comes to $20,671/yr on $228,655 invested. Return on cash invested is 29.1% in year one, and rental yield stands at 10.99% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 152.75% and total cumulative return in cash reaches $349,266. For financing, Ziffy Mortgage’s DSCR program evaluates $6,364/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1790

76.94 Acres lot

$N/A/sqft

No HOA