171 Works RdHoneoye FallsNY14472
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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 Honeoye Falls at 171 Works Rd, Honeoye Falls, NY, 14472 offers a 10.6% rental yield on a $400,000 purchase with $3,533/mo rent. Total monthly income registers $3,533/mo, and a $1,958/mo payment leaves $862/mo available for distribution. Annual cash flow reaches $10,340/yr on $132,600 to close, and return on cash invested stands at 27.71% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 145.31% and total cumulative return in cash at $192,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,533/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
4.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14472, Honeoye Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,790 (75.5%) |
| Renter Occupied HU | 716 (19.4%) |
| Vacant Housing Units | 191 ( 5.2%) |
| Median Home Value | $374,542 |
| Average Home Value | $397,798 |
Housing Distribution
Address Breakdown
Residential
3,593
Single Family
3,248
Multi-Family
345
Businesses
216
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Listed by: Colleen M. Bracci • RE/MAX Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1634605