7753 Canadice RdSpringwaterNY14560
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 Springwater at 7753 Canadice Rd, Springwater, NY, 14560 offers a 10.01% rental yield on a $289,900 purchase with $2,418/mo rent. Total monthly income registers $2,418/mo, and a $1,419/mo payment leaves $482/mo available for distribution. Annual cash flow reaches $5,784/yr on $96,102 to close, and return on cash invested stands at 25.93% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 135.82% and total cumulative return in cash at $130,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,418/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
50.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14560, Springwater, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 797 (70.3%) |
| Renter Occupied HU | 130 (11.5%) |
| Vacant Housing Units | 206 (18.2%) |
| Median Home Value | $201,278 |
| Average Home Value | $231,010 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
29
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Listed by: Justine R. Fox • Empire Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1648776