6 Reed 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 6 Reed St, Canajoharie, NY, 13317 priced at $259,000 pairs $1,921/mo rent with $191/mo cash flow after a $1,268/mo payment. Total monthly income equals $1,921/mo, and annual cash flow comes to $2,293/yr on $85,859 invested. Return on cash invested is 22.58% in year one, and rental yield stands at 8.9% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 117.85% and total cumulative return in cash reaches $101,188. For financing, Ziffy Mortgage’s DSCR program evaluates $1,921/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.27 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: Richard Euler • EULER RICHARD R
Mls Name: NY State MLS
Mls ID: #11326634