563 Old Sharon RoadCanajoharieNY13317
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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 Canajoharie at 563 Old Sharon Road, Canajoharie, NY, 13317 listed at $475,000 pairs $3,522/mo rent with a $2,325/mo payment to leave $350/mo cash flow. Total monthly income runs $3,522/mo, and annual cash flow reaches $4,199/yr on $157,463 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 8.9% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 117.78% and total cumulative return in cash totals $185,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,522/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
15.20 Acres 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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Listed by: Junell Pasquarelli • Junell Realty LLC
Mls Name: Global MLS
Mls ID: #202527159