229 Everclay DrRochesterNY14616
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
Investment Highlights
Rental property for sale in Rochester at 229 Everclay Dr, Rochester, NY, 14616 generates $2,436/mo in rent and, after a $1,077/mo payment, leaves $967/mo in cash flow. Total monthly income is $2,436/mo, and annual cash flow is $11,600/yr on $72,930 invested. Return on cash invested sits at 35.81% in year one, and rental yield is 13.29% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 188.79% and total cumulative return in cash sums $137,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,436/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
8,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14616, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,678 (100%) |
| Owner Occupied HU | 8,222 (64.9%) |
| Renter Occupied HU | 3,876 (30.6%) |
| Vacant Housing Units | 580 ( 4.6%) |
| Median Home Value | $157,110 |
| Average Home Value | $201,258 |
Housing Distribution
Address Breakdown
Residential
12,359
Single Family
10,539
Multi-Family
1,820
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices