55 Norway DrRochesterNY14616
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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 55 Norway Dr, Rochester, NY, 14616 offers $2,400/mo rent that, after a $1,835/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 18.91% in year one, and rental yield stands at 7.68% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 98.14% and total cumulative return in cash reaches $121,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14616, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,678 (100%) |
| Owner Occupied HU | 8,222 (64.9%) |
| Renter Occupied HU | 3,876 (30.6%) |
| Vacant Housing Units | 580 ( 4.6%) |
| Median Home Value | $157,110 |
| Average Home Value | $201,258 |
Housing Distribution
Address Breakdown
Residential
12,359
Single Family
10,539
Multi-Family
1,820
Businesses
404
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