4 Merrick AveManchesterNY14504
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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 Manchester at 4 Merrick Ave, Manchester, NY, 14504 generates $1,862/mo in rent and, after a $685/mo payment, leaves $928/mo in cash flow. Total monthly income is $1,862/mo, and annual cash flow is $11,130/yr on $46,377 invested. Return on cash invested sits at 43.91% in year one, and rental yield is 15.97% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 232.23% and total cumulative return in cash sums $107,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,862/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14504, Manchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 583 (69.9%) |
| Renter Occupied HU | 194 (23.3%) |
| Vacant Housing Units | 57 ( 6.8%) |
| Median Home Value | $109,743 |
| Average Home Value | $126,587 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
507
Multi-Family
203
Businesses
39
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Listed by: Angela F. Brown • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls ID: #R1631539