189-199 Lake AveRochesterNY14608
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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 Rochester at 189-199 Lake Ave, Rochester, NY, 14608 listed at $1,825,000 pairs $1,153/mo rent with a $8,932/mo payment. Total monthly income runs $1,153/mo. Return on cash invested measures -2.02% in year one, and rental yield registers 0.76% at a $1,825,000 basis. Equity gained on principal adds $11,776/yr, and annual property appreciation at 5% supports $504,214 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,153/mo property income relative to a $8,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1935
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14608, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,732 (100%) |
| Owner Occupied HU | 1,103 (16.4%) |
| Renter Occupied HU | 4,824 (71.7%) |
| Vacant Housing Units | 805 (12.0%) |
| Median Home Value | $161,563 |
| Average Home Value | $208,960 |
Housing Distribution
Address Breakdown
Residential
5,303
Single Family
4,100
Multi-Family
1,203
Businesses
449
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