6440 E Hollow RdCanandaiguaNY14424
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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 Canandaigua at 6440 E Hollow Rd, Canandaigua, NY, 14424 priced at $120,000 pairs $1,054/mo rent with $253/mo cash flow after a $587/mo payment. Total monthly income equals $1,054/mo, and annual cash flow comes to $3,036/yr on $39,780 invested. Return on cash invested is 27.54% in year one, and rental yield stands at 10.54% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 144.39% and total cumulative return in cash reaches $57,439. For financing, Ziffy Mortgage’s DSCR program evaluates $1,054/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
2.40 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: Ruth Rowe Campbell • Rowe Realty & Appraisal, Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1593045
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