79 State StCantonNY13617
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
Rental property for sale in Canton at 79 State St, Canton, NY, 13617 offers $2,078/mo rent that, after a $714/mo payment, leaves $1,104/mo cash flow. Total monthly income is $2,078/mo, and annual cash flow is $13,247/yr on $48,344 cash. Return on cash invested measures 47.31% in year one, and rental yield stands at 17.1% at a $145,833 entry. Equity gained on principal adds $941/yr while 5% annual appreciation compounds into $40,291 by year five. Five-year ROI records 250.44% and total cumulative return in cash reaches $121,074. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,078/mo property income versus a $714/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13617, Canton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,149 (100%) |
| Owner Occupied HU | 2,330 (56.2%) |
| Renter Occupied HU | 1,277 (30.8%) |
| Vacant Housing Units | 542 (13.1%) |
| Median Home Value | $171,262 |
| Average Home Value | $201,627 |
Housing Distribution
Address Breakdown
Residential
3,731
Single Family
3,339
Multi-Family
392
Businesses
379
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