162 Chestnut Ridge RdRochesterNY14624
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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 162 Chestnut Ridge Rd, Rochester, NY, 14624 generates $2,393/mo in rent and, after a $1,174/mo payment, leaves $791/mo in cash flow. Total monthly income is $2,393/mo, and annual cash flow is $9,494/yr on $79,527 invested. Return on cash invested sits at 31.85% in year one, and rental yield is 11.97% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 167.54% and total cumulative return in cash sums $133,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,393/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14624, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,283 (100%) |
| Owner Occupied HU | 12,040 (73.9%) |
| Renter Occupied HU | 3,673 (22.6%) |
| Vacant Housing Units | 570 ( 3.5%) |
| Median Home Value | $205,908 |
| Average Home Value | $256,496 |
Housing Distribution
Address Breakdown
Residential
15,722
Single Family
14,374
Multi-Family
1,348
Businesses
1,480
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