23 Rippingale RdPittsfordNY14534
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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 23 Rippingale Rd, Pittsford, NY, 14534 generates $3,750/mo in rent and, after a $2,197/mo payment, leaves $753/mo in cash flow. Total monthly income is $3,750/mo, and annual cash flow is $9,032/yr on $148,777 invested. Return on cash invested sits at 25.98% in year one, and rental yield is 10.03% on a $448,800 entry. Equity gained on principal adds $2,896/yr, while 5% annual appreciation builds toward $123,995 over five years. Five-year ROI reaches 136.04% and total cumulative return in cash sums $202,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,750/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.42 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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