2 Horatio LnRochesterNY14624
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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 2 Horatio Ln, Rochester, NY, 14624 generates $1,804/mo in rent and, after a $978/mo payment, leaves $470/mo in cash flow. Total monthly income is $1,804/mo, and annual cash flow is $5,634/yr on $66,267 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.83% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 149.09% and total cumulative return in cash sums $98,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,804/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.38 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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