308 Field StRochesterNY14620
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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 308 Field St, Rochester, NY, 14620 uses $79,229 cash to close to unlock $10,365/yr annual cash flow and $864/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $1,170/mo payment keeps the spread at $864/mo. Purchase price stands at $239,000, and rental yield measures 12.35% with $2,460/mo rent. Return on cash invested shows 32.99% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 173.63% and total cumulative return in cash records $137,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
5,998 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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