2 Basco TerSpencerportNY14559
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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 Spencerport at 2 Basco Ter, Spencerport, NY, 14559 priced at $464,900 pairs $3,883/mo rent with $779/mo cash flow after a $2,275/mo payment. Total monthly income equals $3,883/mo, and annual cash flow comes to $9,347/yr on $154,114 invested. Return on cash invested is 25.97% in year one, and rental yield stands at 10.02% on a $464,900 basis. Equity gained on principal adds $3,000/yr, and 5% annual appreciation accumulates to $128,443 by year five. Five-year ROI measures 136% and total cumulative return in cash reaches $209,596. For financing, Ziffy Mortgage’s DSCR program evaluates $3,883/mo property income against a $2,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14559, Spencerport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,327 (100%) |
| Owner Occupied HU | 5,435 (74.2%) |
| Renter Occupied HU | 1,643 (22.4%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $284,742 |
| Average Home Value | $316,000 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,993
Multi-Family
280
Businesses
432
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Listed by: Mary G Corcoran • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls ID: #R1638679