1564 Mount Hope AveRochesterNY14620
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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
Rental property for sale in Rochester at 1564 Mount Hope Ave, Rochester, NY, 14620 offers $2,460/mo rent that, after a $3,177/mo payment. Total monthly income is $2,460/mo. Return on cash invested measures 9.53% in year one, and rental yield stands at 4.55% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 47.78% and total cumulative return in cash reaches $102,012. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,460/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14620, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,900 (100%) |
| Owner Occupied HU | 3,497 (27.1%) |
| Renter Occupied HU | 8,542 (66.2%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $234,627 |
| Average Home Value | $318,292 |
Housing Distribution
Address Breakdown
Residential
12,036
Single Family
8,162
Multi-Family
3,874
Businesses
573
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