61 Fernboro RdRochesterNY14618
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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 61 Fernboro Rd, Rochester, NY, 14618 uses $62,952 cash to close to unlock $2,920/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,511/mo, and a $929/mo payment keeps the spread at $243/mo. Purchase price stands at $189,900, and rental yield measures 9.55% with $1,511/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash records $80,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,511/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14618, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,206 (100%) |
| Owner Occupied HU | 6,368 (69.2%) |
| Renter Occupied HU | 2,407 (26.1%) |
| Vacant Housing Units | 431 ( 4.7%) |
| Median Home Value | $325,327 |
| Average Home Value | $373,315 |
Housing Distribution
Address Breakdown
Residential
9,086
Single Family
7,462
Multi-Family
1,624
Businesses
1,149
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