247 Garford RdRochesterNY14622
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 247 Garford Rd, Rochester, NY, 14622 offers $3,361/mo rent that, after a $856/mo payment, leaves $2,193/mo cash flow. Total monthly income is $3,361/mo, and annual cash flow is $26,317/yr on $57,979 cash. Return on cash invested measures 65.3% in year one, and rental yield stands at 23.06% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 346.96% and total cumulative return in cash reaches $201,168. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,361/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14622, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,905 (100%) |
| Owner Occupied HU | 4,429 (75.0%) |
| Renter Occupied HU | 1,258 (21.3%) |
| Vacant Housing Units | 218 ( 3.7%) |
| Median Home Value | $179,855 |
| Average Home Value | $256,138 |
Housing Distribution
Address Breakdown
Residential
5,663
Single Family
4,955
Multi-Family
708
Businesses
267
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