571 Mendon Ionia RdHoneoye FallsNY14472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Honeoye Falls at 571 Mendon Ionia Rd, Honeoye Falls, NY, 14472 earns from $3,710/mo rent with a $3,426/mo payment. Total monthly income totals $3,710/mo. ROI tracks 15.04% on current figures, and rental yield reads 6.36% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 77.31% and total cumulative return in cash sums $178,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,710/mo property income instead of your personal income.
Single Family
Built in 1978
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14472, Honeoye Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,790 (75.5%) |
| Renter Occupied HU | 716 (19.4%) |
| Vacant Housing Units | 191 ( 5.2%) |
| Median Home Value | $374,542 |
| Average Home Value | $397,798 |
Housing Distribution
Address Breakdown
Residential
3,593
Single Family
3,248
Multi-Family
345
Businesses
216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debranne Jacob • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1636579