605 Grant StEast RochesterNY14445
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
Rental property for sale in East Rochester at 605 Grant St, East Rochester, NY, 14445 offers $1,010/mo rent that, after a $636/mo payment, leaves $142/mo cash flow. Total monthly income is $1,010/mo, and annual cash flow is $1,708/yr on $43,062 cash. Return on cash invested measures 23.88% in year one, and rental yield stands at 9.33% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 124.83% and total cumulative return in cash reaches $53,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,010/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14445, East Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,822 (100%) |
| Owner Occupied HU | 2,072 (54.2%) |
| Renter Occupied HU | 1,541 (40.3%) |
| Vacant Housing Units | 209 ( 5.5%) |
| Median Home Value | $215,909 |
| Average Home Value | $284,559 |
Housing Distribution
Address Breakdown
Residential
3,468
Single Family
3,420
Multi-Family
48
Businesses
394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darrell Beckley • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1647763