21 Covington RdRochesterNY14617
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 21 Covington Rd, Rochester, NY, 14617 in Rochester hard to pass up. The 12.74% gross yield on a $306,000 purchase results in $2,652/mo in rent and $984/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.93). Annual cash flow of $11,804, five-year appreciation of $84,542, and $2,818/yr in equity build-up combine for a projected total cumulative return of $155,874.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.2% |
| Monthly Cash Flow | $984 | $450 |
City averages based on Rochester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,652 |
| Total Monthly Debt Service | $1,922 |
| DSCR Ratio | 1.38x |
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.
Single Family
Built in 1939
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14617, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,225 (100%) |
| Owner Occupied HU | 8,104 (79.3%) |
| Renter Occupied HU | 1,728 (16.9%) |
| Vacant Housing Units | 393 ( 3.8%) |
| Median Home Value | $225,415 |
| Average Home Value | $278,260 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,857
Multi-Family
853
Businesses
454
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
Single Family
Built in 1939
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14617, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,225 (100%) |
| Owner Occupied HU | 8,104 (79.3%) |
| Renter Occupied HU | 1,728 (16.9%) |
| Vacant Housing Units | 393 ( 3.8%) |
| Median Home Value | $225,415 |
| Average Home Value | $278,260 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,857
Multi-Family
853
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah R. Renna-Hynes • eXp Realty, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1603596
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