5533 County Route 24CantonNY13617
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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 Canton at 5533 County Route 24, Canton, NY, 13617 generates $2,335/mo in rent, after a $1,835/mo payment. Total monthly income is $2,335/mo. Return on cash invested sits at 18.28% in year one, and rental yield is 7.47% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 94.77% and total cumulative return in cash sums $117,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,335/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
63.90 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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Listed by: Amanda Fiacco • Fiacco Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51895
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.