640 Jefferson Ave #B1PerintonNY14450
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 Perinton at 640 Jefferson Ave #B1, Perinton, NY, 14450 priced at $447,449 converts $2,088/mo rent into after a $2,190/mo obligation. Total monthly income equals $2,088/mo. Return on cash invested prints 10.14% in year one, and rental yield reads 5.6% against a $447,449 entry. Equity gained on principal adds $2,887/yr, while 5% annual appreciation compiles into $123,622 by year five. Five-year ROI reaches 52.01% and total cumulative return in cash sums $77,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,088/mo property income covering a $2,190/mo payment, not borrower’s personal income.
Condo
Built in 2023
1.60 Acres lot
$N/A/sqft
$308 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Haralambides • Aristo Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1553248
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-08-10 17:40:42 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.