87 Canal RdPhoenixNY13135
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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
Investment property for sale in Phoenix at 87 Canal Rd, Phoenix, NY, 13135 at $154,000 posts ROI 28.92% with $383/mo cash flow from $1,412/mo rent. Total monthly income equals $1,412/mo, and annual cash flow records $4,600/yr on $51,051 to close. Return on cash invested measures 28.92% and rental yield reads 11% at the current $154,000. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 by year five. Five-year ROI prints 151.88% and total cumulative return in cash totals $77,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,412/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
4,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13135, Phoenix, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,800 (65.7%) |
| Renter Occupied HU | 680 (24.8%) |
| Vacant Housing Units | 258 ( 9.4%) |
| Median Home Value | $205,943 |
| Average Home Value | $237,811 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,403
Multi-Family
306
Businesses
188
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Nearby investment properties with comparable prices
Listed by: Joy Bush • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1595839
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