4857 W Ridge RdSpencerportNY14559
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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
Investment property for sale in Spencerport at 4857 W Ridge Rd, Spencerport, NY, 14559 uses $86,190 cash to close to unlock $376/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,273/mo payment keeps the spread at $31/mo. Purchase price stands at $260,000, and rental yield measures 8.16% with $1,768/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 105.86% and total cumulative return in cash records $91,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14559, Spencerport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,327 (100%) |
| Owner Occupied HU | 5,435 (74.2%) |
| Renter Occupied HU | 1,643 (22.4%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $284,742 |
| Average Home Value | $316,000 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,993
Multi-Family
280
Businesses
432
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Listed by: Kristi Hoff • Keller Williams Realty Greater Rochester
Mls Name: NYSAMLSs
Mls ID: #R1654099