61 E Main StCantonNY13617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canton at 61 E Main St, Canton, NY, 13617 earns $208/mo cash flow from $1,373/mo rent with a $854/mo payment. Total monthly income totals $1,373/mo, and annual cash flow totals $2,494/yr on $57,847 capital. ROI tracks 24.22% on current figures, and rental yield reads 9.44% at a $174,500 purchase. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 over five years. Five-year ROI reaches 126.61% and total cumulative return in cash sums $73,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,373/mo property income instead of your personal income.
Single Family
Built in 1880
8,272 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices