24 Countryside RdFairportNY14450
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 Fairport at 24 Countryside Rd, Fairport, NY, 14450 generates $3,793/mo in rent and, after a $1,810/mo payment, leaves $1,323/mo in cash flow. Total monthly income is $3,793/mo, and annual cash flow is $15,880/yr on $122,622 invested. Return on cash invested sits at 32.86% in year one, and rental yield is 12.3% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 172.95% and total cumulative return in cash sums $212,074. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,793/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14450, Fairport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,346 (100%) |
| Owner Occupied HU | 13,786 (71.3%) |
| Renter Occupied HU | 4,725 (24.4%) |
| Vacant Housing Units | 835 ( 4.3%) |
| Median Home Value | $309,271 |
| Average Home Value | $347,094 |
Housing Distribution
Address Breakdown
Residential
18,461
Single Family
16,609
Multi-Family
1,852
Businesses
1,023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices