173 Knickerbocker AveRochesterNY14615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 173 Knickerbocker Ave, Rochester, NY, 14615 in Rochester hard to pass up. The 12.62% gross yield on a $199,000 purchase results in $2,093/mo in rent and $764/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.34). Annual cash flow of $9,169, five-year appreciation of $54,980, and $1,833/yr in equity build-up combine for a projected total cumulative return of $125,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $764 | $450 |
City averages based on Rochester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,093 |
| Total Monthly Debt Service | $1,250 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1917
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14615, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,981 (100%) |
| Owner Occupied HU | 3,678 (46.1%) |
| Renter Occupied HU | 3,950 (49.5%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $150,256 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
7,279
Single Family
5,737
Multi-Family
1,542
Businesses
488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1917
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14615, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,981 (100%) |
| Owner Occupied HU | 3,678 (46.1%) |
| Renter Occupied HU | 3,950 (49.5%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $150,256 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
7,279
Single Family
5,737
Multi-Family
1,542
Businesses
488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices