388 Smith StRochesterNY14608
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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 388 Smith St, Rochester, NY, 14608 generates $1,787/mo in rent and, after a $611/mo payment, leaves $953/mo in cash flow. Total monthly income is $1,787/mo, and annual cash flow is $11,439/yr on $41,404 invested. Return on cash invested sits at 47.54% in year one, and rental yield is 17.17% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 251.74% and total cumulative return in cash sums $104,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3,977 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14608, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,732 (100%) |
| Owner Occupied HU | 1,103 (16.4%) |
| Renter Occupied HU | 4,824 (71.7%) |
| Vacant Housing Units | 805 (12.0%) |
| Median Home Value | $161,563 |
| Average Home Value | $208,960 |
Housing Distribution
Address Breakdown
Residential
5,303
Single Family
4,100
Multi-Family
1,203
Businesses
449
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