244 6th St #242RochesterNY14605
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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
Investment property for sale in Rochester at 244 6th St #242, Rochester, NY, 14605 earns $192/mo cash flow from $1,260/mo rent with a $783/mo payment. Total monthly income totals $1,260/mo, and annual cash flow totals $2,302/yr on $53,007 capital. ROI tracks 24.25% on current figures, and rental yield reads 9.46% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash sums $67,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,260/mo property income instead of your personal income.
Multi Family
Built in 1920
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14605, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,523 (100%) |
| Owner Occupied HU | 881 (16.0%) |
| Renter Occupied HU | 4,067 (73.6%) |
| Vacant Housing Units | 575 (10.4%) |
| Median Home Value | $69,694 |
| Average Home Value | $157,166 |
Housing Distribution
Address Breakdown
Residential
4,432
Single Family
3,664
Multi-Family
768
Businesses
342
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