70 Bristol StCanandaiguaNY14424
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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 70 Bristol St, Canandaigua, NY, 14424 priced at $225,000 converts $1,888/mo rent into $386/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,888/mo, and annual cash flow totals $4,629/yr on $74,588 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 10.07% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 136.76% and total cumulative return in cash sums $102,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,888/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Multi Family
Built in 1870
0.32 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: Skip J. Ordway • Ordway Realtors
Mls Name: NYSAMLSs
Mls ID: #R1630151