45 Falcon Ln EFairportNY14450
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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 Fairport at 45 Falcon Ln E, Fairport, NY, 14450 offers $1,662/mo rent that, after a $978/mo payment, leaves $328/mo cash flow. Total monthly income is $1,662/mo, and annual cash flow is $3,930/yr on $66,267 cash. Return on cash invested measures 25.84% in year one, and rental yield stands at 9.98% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 135.31% and total cumulative return in cash reaches $89,665. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,662/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14450, Fairport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,346 (100%) |
| Owner Occupied HU | 13,786 (71.3%) |
| Renter Occupied HU | 4,725 (24.4%) |
| Vacant Housing Units | 835 ( 4.3%) |
| Median Home Value | $309,271 |
| Average Home Value | $347,094 |
Housing Distribution
Address Breakdown
Residential
18,461
Single Family
16,609
Multi-Family
1,852
Businesses
1,023
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