283 Cobb TerRochesterNY14620
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 283 Cobb Ter, Rochester, NY, 14620 priced at $275,000 converts $1,943/mo rent into $107/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,943/mo, and annual cash flow totals $1,279/yr on $91,163 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 8.48% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 111.02% and total cumulative return in cash sums $101,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,943/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14620, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,900 (100%) |
| Owner Occupied HU | 3,497 (27.1%) |
| Renter Occupied HU | 8,542 (66.2%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $234,627 |
| Average Home Value | $318,292 |
Housing Distribution
Address Breakdown
Residential
12,036
Single Family
8,162
Multi-Family
3,874
Businesses
573
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Nearby investment properties with comparable prices
Listed by: Deborah LaGraff • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1612536
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