6220 Feenaughty Hill Rd #SCanisteoNY14823
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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 Canisteo at 6220 Feenaughty Hill Rd #S, Canisteo, NY, 14823 offers a 9.01% rental yield on a $125,000 purchase with $939/mo rent. Total monthly income registers $939/mo, and a $612/mo payment leaves $104/mo available for distribution. Annual cash flow reaches $1,249/yr on $41,438 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 119.79% and total cumulative return in cash at $49,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $939/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
37.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14823, Canisteo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,825 (100%) |
| Owner Occupied HU | 1,164 (63.8%) |
| Renter Occupied HU | 386 (21.2%) |
| Vacant Housing Units | 275 (15.1%) |
| Median Home Value | $150,130 |
| Average Home Value | $180,271 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,569
Multi-Family
24
Businesses
88
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