65 S Elm StCanisteoNY14823
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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 65 S Elm St, Canisteo, NY, 14823 offers a 7.6% rental yield on a $199,000 purchase with $1,260/mo rent. 66% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 96.84% and total cumulative return in cash at $63,882. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,712 sqft 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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