571 Lake AveRochesterNY14613
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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 571 Lake Ave, Rochester, NY, 14613 priced at $1,095,000 converts $1,434/mo rent into after a $5,359/mo obligation. Total monthly income equals $1,434/mo. Return on cash invested prints 0.49% in year one, and rental yield reads 1.57% against a $1,095,000 entry. Equity gained on principal adds $7,066/yr, while 5% annual appreciation compiles into $302,528 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,434/mo property income covering a $5,359/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14613, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,364 (100%) |
| Owner Occupied HU | 1,812 (28.5%) |
| Renter Occupied HU | 3,855 (60.6%) |
| Vacant Housing Units | 697 (11.0%) |
| Median Home Value | $101,649 |
| Average Home Value | $174,269 |
Housing Distribution
Address Breakdown
Residential
5,171
Single Family
4,693
Multi-Family
478
Businesses
222
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