588 Mount Read BlvdRochesterNY14606
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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
Investment property for sale in Rochester at 588 Mount Read Blvd, Rochester, NY, 14606 uses $36,432 cash to close to unlock $16,008/yr annual cash flow and $1,334/mo monthly cash flow. Total monthly income runs $2,068/mo, and a $538/mo payment keeps the spread at $1,334/mo. Purchase price stands at $109,900, and rental yield measures 22.58% with $2,068/mo rent. Return on cash invested shows 63.85% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 339.24% and total cumulative return in cash records $123,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,068/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,052 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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