5603 State Route 64CanandaiguaNY14424
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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
Total monthly income runs $3,662/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 5.17% with $3,662/mo rent. Return on cash invested shows 11.42% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 57.93% and total cumulative return in cash records $162,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,662/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2008
2 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: Marc Mingoia • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1653132