37 Milrace DrEast RochesterNY14445
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.59% yield at 37 Milrace Dr, East Rochester, NY, 14445 in East Rochester is solid, but the $674/mo payment compresses net cash flow to $60/mo at $149,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $41,415 by year five, and $1,381/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.96) without U.S. income documentation. Total projected return: $62,171.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $60 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,322 |
| Total Monthly Debt Service | $1,202 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
2,613 sqft lot
$N/A/sqft
$261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14445, East Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,822 (100%) |
| Owner Occupied HU | 2,072 (54.2%) |
| Renter Occupied HU | 1,541 (40.3%) |
| Vacant Housing Units | 209 ( 5.5%) |
| Median Home Value | $215,909 |
| Average Home Value | $284,559 |
Housing Distribution
Address Breakdown
Residential
3,468
Single Family
3,420
Multi-Family
48
Businesses
394
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
Condo
Built in 1972
2,613 sqft lot
$N/A/sqft
$261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14445, East Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,822 (100%) |
| Owner Occupied HU | 2,072 (54.2%) |
| Renter Occupied HU | 1,541 (40.3%) |
| Vacant Housing Units | 209 ( 5.5%) |
| Median Home Value | $215,909 |
| Average Home Value | $284,559 |
Housing Distribution
Address Breakdown
Residential
3,468
Single Family
3,420
Multi-Family
48
Businesses
394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices