400 Alexander StRochesterNY14607
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
Investment Highlights
Rental property for sale in Rochester at 400 Alexander St, Rochester, NY, 14607 priced at $339,500 converts $6,338/mo rent into $4,071/mo cash flow after a $1,662/mo obligation. Total monthly income equals $6,338/mo, and annual cash flow totals $48,847/yr on $112,544 invested. Return on cash invested prints 63.31% in year one, and rental yield reads 22.4% against a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation compiles into $93,798 by year five. Five-year ROI reaches 336.24% and total cumulative return in cash sums $378,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,338/mo property income covering a $1,662/mo payment, not borrower’s personal income.
Single Family
Built in 1890
6,429 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14607, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 1,481 (12.4%) |
| Renter Occupied HU | 9,354 (78.6%) |
| Vacant Housing Units | 1,064 ( 8.9%) |
| Median Home Value | $321,158 |
| Average Home Value | $350,883 |
Housing Distribution
Address Breakdown
Residential
9,905
Single Family
5,286
Multi-Family
4,619
Businesses
953
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Listed by: Bob Wagner • Bob Wagner Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1560926
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