285 Magee AveRochesterNY14613
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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 285 Magee Ave, Rochester, NY, 14613 uses $42,429 cash to close to unlock $1,857/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $1,009/mo, and a $626/mo payment keeps the spread at $155/mo. Purchase price stands at $127,990, and rental yield measures 9.46% with $1,009/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $35,361 over five years. Five-year ROI reaches 126.98% and total cumulative return in cash records $53,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,009/mo property income covering a $626/mo payment rather than investor’s personal income.
Single Family
Built in 1916
4,778 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14613, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,364 (100%) |
| Owner Occupied HU | 1,812 (28.5%) |
| Renter Occupied HU | 3,855 (60.6%) |
| Vacant Housing Units | 697 (11.0%) |
| Median Home Value | $101,649 |
| Average Home Value | $174,269 |
Housing Distribution
Address Breakdown
Residential
5,171
Single Family
4,693
Multi-Family
478
Businesses
222
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