213 Cheese Factory RdHoneoye FallsNY14472
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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 Honeoye Falls at 213 Cheese Factory Rd, Honeoye Falls, NY, 14472 priced at $450,000 converts $1,560/mo rent into after a $2,203/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 8.28% in year one, and rental yield reads 4.16% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 41.14% and total cumulative return in cash sums $61,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1845
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14472, Honeoye Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,790 (75.5%) |
| Renter Occupied HU | 716 (19.4%) |
| Vacant Housing Units | 191 ( 5.2%) |
| Median Home Value | $374,542 |
| Average Home Value | $397,798 |
Housing Distribution
Address Breakdown
Residential
3,593
Single Family
3,248
Multi-Family
345
Businesses
216
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Listed by: Anne M. Eichner • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls ID: #R1634797