2 Old Forge LnPittsfordNY14534
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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 Pittsford at 2 Old Forge Ln, Pittsford, NY, 14534 offers $4,070/mo rent that, after a $2,729/mo payment, leaves $347/mo cash flow. Total monthly income is $4,070/mo, and annual cash flow is $4,161/yr on $183,418 cash. Return on cash invested measures 22.33% in year one, and rental yield stands at 8.76% at a $557,500 entry. Equity gained on principal adds $3,597/yr while 5% annual appreciation compounds into $154,027 by year five. Five-year ROI records 116.42% and total cumulative return in cash reaches $213,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,070/mo property income versus a $2,729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14534, Pittsford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,176 (100%) |
| Owner Occupied HU | 11,138 (84.5%) |
| Renter Occupied HU | 1,486 (11.3%) |
| Vacant Housing Units | 552 ( 4.2%) |
| Median Home Value | $366,159 |
| Average Home Value | $406,258 |
Housing Distribution
Address Breakdown
Residential
12,790
Single Family
12,026
Multi-Family
764
Businesses
993
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