688 Howard RdRochesterNY14624
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 Rochester at 688 Howard Rd, Rochester, NY, 14624 priced at $229,900 converts $1,596/mo rent into $61/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,596/mo, and annual cash flow totals $732/yr on $76,212 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.33% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 108.71% and total cumulative return in cash sums $82,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,596/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14624, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,283 (100%) |
| Owner Occupied HU | 12,040 (73.9%) |
| Renter Occupied HU | 3,673 (22.6%) |
| Vacant Housing Units | 570 ( 3.5%) |
| Median Home Value | $205,908 |
| Average Home Value | $256,496 |
Housing Distribution
Address Breakdown
Residential
15,722
Single Family
14,374
Multi-Family
1,348
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices