8590 Sunset DrCaneadeaNY14717
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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
Total monthly income runs $1,297/mo, and a $2,350/mo payment. Purchase price stands at $480,200, and rental yield measures 3.24% with $1,297/mo rent. Return on cash invested shows 5.52% in year one, and 5% annual appreciation builds toward $132,670 over five years. Five-year ROI reaches 26.29% and total cumulative return in cash records $41,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $2,350/mo payment rather than investor’s personal income.
Manufactured
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14717, Caneadea, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 972 (100%) |
| Owner Occupied HU | 298 (30.7%) |
| Renter Occupied HU | 68 ( 7.0%) |
| Vacant Housing Units | 606 (62.3%) |
| Median Home Value | $131,250 |
| Average Home Value | $209,966 |
Housing Distribution
Address Breakdown
Residential
372
Single Family
371
Multi-Family
1
Businesses
15
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