292-294 Carter StRochesterNY14621
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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 Rochester at 292-294 Carter St, Rochester, NY, 14621 generates $1,160/mo in rent and, after a $562/mo payment, leaves $393/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $4,717/yr on $38,089 invested. Return on cash invested sits at 32.29% in year one, and rental yield is 12.11% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 170.04% and total cumulative return in cash sums $64,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Multi Family
Built in 1916
5,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14621, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,868 (100%) |
| Owner Occupied HU | 3,852 (27.8%) |
| Renter Occupied HU | 8,695 (62.7%) |
| Vacant Housing Units | 1,321 ( 9.5%) |
| Median Home Value | $86,838 |
| Average Home Value | $175,161 |
Housing Distribution
Address Breakdown
Residential
12,739
Single Family
9,367
Multi-Family
3,372
Businesses
719
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