8434 Canterbury Dr #8434ClymerNY14724
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 8434 Canterbury Dr #8434, Clymer, NY, 14724 in Clymer fits: $455,000, 2.22% gross yield, and a projected 5% annual appreciation rate adding $125,708 in value within five years. Rental yield 2.22%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.41) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,191/yr in principal paydown and $125,708 in appreciation project a total return of $7,018.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 6.2% |
| Monthly Cash Flow | $(2,615) | $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 | $3,274 |
| DSCR Ratio | 0.26x |
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 2007
5,227 sqft lot
$N/A/sqft
$1,250 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 2007
5,227 sqft lot
$N/A/sqft
$1,250 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: #R1600451
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