502 Elmgrove RdRochesterNY14606
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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 502 Elmgrove Rd, Rochester, NY, 14606 generates $2,180/mo in rent and, after a $913/mo payment, leaves $934/mo in cash flow. Total monthly income is $2,180/mo, and annual cash flow is $11,211/yr on $61,858 invested. Return on cash invested sits at 38.03% in year one, and rental yield is 14.02% on a $186,600 entry. Equity gained on principal adds $1,204/yr, while 5% annual appreciation builds toward $51,554 over five years. Five-year ROI reaches 200.73% and total cumulative return in cash sums $124,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14606, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,547 (100%) |
| Owner Occupied HU | 6,739 (53.7%) |
| Renter Occupied HU | 5,194 (41.4%) |
| Vacant Housing Units | 614 ( 4.9%) |
| Median Home Value | $161,064 |
| Average Home Value | $189,935 |
Housing Distribution
Address Breakdown
Residential
11,613
Single Family
9,903
Multi-Family
1,710
Businesses
954
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