28 Princeton LnFairportNY14450
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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 Fairport at 28 Princeton Ln, Fairport, NY, 14450 uses $257,899 cash to close to unlock $3,781/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $5,550/mo, and a $3,837/mo payment keeps the spread at $315/mo. Purchase price stands at $783,888, and rental yield measures 8.5% with $5,550/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $216,574 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash records $289,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,550/mo property income covering a $3,837/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.37 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
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