24 Lisand DrFairportNY14450
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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 Fairport at 24 Lisand Dr, Fairport, NY, 14450 generates $2,112/mo in rent and, after a $1,468/mo payment, leaves $109/mo in cash flow. Total monthly income is $2,112/mo, and annual cash flow is $1,310/yr on $99,417 invested. Return on cash invested sits at 21.23% in year one, and rental yield is 8.45% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash sums $109,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,112/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
8,712 sqft 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
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