8257 Canterbury DrClymerNY14724
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.46% gross rental yield, 8257 Canterbury Dr, Clymer, NY, 14724 in Clymer is priced for capital growth, not immediate cash flow. The $410,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $113,275 by year five, with $3,776/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.46) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $6,221.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 6.2% |
| Monthly Cash Flow | $(2,365) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $3,041 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
5,227 sqft lot
$N/A/sqft
$1,400 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14724, Clymer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,470 (100%) |
| Owner Occupied HU | 797 (54.2%) |
| Renter Occupied HU | 183 (12.4%) |
| Vacant Housing Units | 490 (33.3%) |
| Median Home Value | $181,571 |
| Average Home Value | $268,774 |
Housing Distribution
Address Breakdown
Residential
833
Single Family
824
Multi-Family
9
Businesses
72
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
Condo
Built in 1998
5,227 sqft lot
$N/A/sqft
$1,400 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14724, Clymer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,470 (100%) |
| Owner Occupied HU | 797 (54.2%) |
| Renter Occupied HU | 183 (12.4%) |
| Vacant Housing Units | 490 (33.3%) |
| Median Home Value | $181,571 |
| Average Home Value | $268,774 |
Housing Distribution
Address Breakdown
Residential
833
Single Family
824
Multi-Family
9
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Nielsen • Howard Hanna Holt - Mayville
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1599435
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