640 Jefferson Ave #H1FairportNY14450
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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 Fairport at 640 Jefferson Ave #H1, Fairport, NY, 14450 offers a 5.78% rental yield on a $433,695 purchase with $2,088/mo rent. 59% in year one. Equity gained on principal adds $2,799/yr while 5% annual appreciation supports $119,822 over five years. Portfolio math shows five-year ROI at 54.45% and total cumulative return in cash at $78,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,088/mo property income against a $2,123/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
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
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Listed by: Stacey Haralambides • Aristo Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1597219
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