5545 E Lake RdConesusNY14435
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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 Conesus at 5545 E Lake Rd, Conesus, NY, 14435 priced at $384,600 converts $1,955/mo rent into after a $1,882/mo obligation. Total monthly income equals $1,955/mo. Return on cash invested prints 14.14% in year one, and rental yield reads 6.1% against a $384,600 entry. Equity gained on principal adds $2,482/yr, while 5% annual appreciation compiles into $106,258 by year five. Five-year ROI reaches 72.57% and total cumulative return in cash sums $92,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,955/mo property income covering a $1,882/mo payment, not borrower’s personal income.
Single Family
Built in 1994
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14435, Conesus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 1,007 (67.0%) |
| Renter Occupied HU | 121 ( 8.1%) |
| Vacant Housing Units | 375 (25.0%) |
| Median Home Value | $248,904 |
| Average Home Value | $284,352 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,328
Multi-Family
0
Businesses
31
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