Heron Landing Plan, Heron LandingCanandaiguaNY14424
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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 Canandaigua at Heron Landing Plan, Heron Landing, Canandaigua, NY, 14424 with 5% annual appreciation on a $124,900 basis while $998/mo rent supports operations. Total monthly income totals $998/mo and a $611/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,971/yr on $41,404 deployed, and return on cash invested reaches 24.67% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 9.59%. Five-year ROI measures 129.11% and total cumulative return in cash totals $53,458.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $998/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14424, Canandaigua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,084 (100%) |
| Owner Occupied HU | 8,272 (54.8%) |
| Renter Occupied HU | 4,612 (30.6%) |
| Vacant Housing Units | 2,200 (14.6%) |
| Median Home Value | $322,166 |
| Average Home Value | $405,626 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
11,910
Multi-Family
1,736
Businesses
1,045
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Listed by: N/A • Windward Communities
Mls Name: Windward Communities
Mls Provider:
Mls ID: #N/A