27 Chase Meadow Trl LOT 59MendonNY14472
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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 Mendon at 27 Chase Meadow Trl LOT 59, Mendon, NY, 14472 offers $2,719/mo rent that, after a $1,713/mo payment, leaves $382/mo cash flow. Total monthly income is $2,719/mo, and annual cash flow is $4,582/yr on $116,025 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 9.32% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 124.66% and total cumulative return in cash reaches $144,638. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,719/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14472, Honeoye Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,790 (75.5%) |
| Renter Occupied HU | 716 (19.4%) |
| Vacant Housing Units | 191 ( 5.2%) |
| Median Home Value | $374,542 |
| Average Home Value | $397,798 |
Housing Distribution
Address Breakdown
Residential
3,593
Single Family
3,248
Multi-Family
345
Businesses
216
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