603 Watson RdFairportNY14450
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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 Fairport at 603 Watson Rd, Fairport, NY, 14450 offers $3,044/mo rent that, after a $1,468/mo payment, leaves $1,041/mo cash flow. Total monthly income is $3,044/mo, and annual cash flow is $12,494/yr on $99,417 cash. Return on cash invested measures 32.48% in year one, and rental yield stands at 12.18% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 170.92% and total cumulative return in cash reaches $169,924. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,044/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14450, Fairport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,346 (100%) |
| Owner Occupied HU | 13,786 (71.3%) |
| Renter Occupied HU | 4,725 (24.4%) |
| Vacant Housing Units | 835 ( 4.3%) |
| Median Home Value | $309,271 |
| Average Home Value | $347,094 |
Housing Distribution
Address Breakdown
Residential
18,461
Single Family
16,609
Multi-Family
1,852
Businesses
1,023
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