7964 Canning Factory RdWatervilleNY13480
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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 Waterville at 7964 Canning Factory Rd, Waterville, NY, 13480 generates $2,533/mo in rent and, after a $1,321/mo payment, leaves $731/mo in cash flow. Total monthly income is $2,533/mo, and annual cash flow is $8,768/yr on $89,472 invested. Return on cash invested sits at 29.71% in year one, and rental yield is 11.26% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 156.04% and total cumulative return in cash sums $139,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,533/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
9.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13480, Waterville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 1,004 (64.7%) |
| Renter Occupied HU | 402 (25.9%) |
| Vacant Housing Units | 145 ( 9.3%) |
| Median Home Value | $220,946 |
| Average Home Value | $258,708 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,225
Multi-Family
103
Businesses
95
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Listed by: Barbara Owens • HUNT Real Estate
Mls Name: HUNT ERA Real Estate
Mls ID: #S1618440