817 Meigs StRochesterNY14620
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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
Rental property for sale in Rochester at 817 Meigs St, Rochester, NY, 14620 generates $2,460/mo in rent and, after a $1,664/mo payment, leaves $190/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $2,278/yr on $112,677 invested. Return on cash invested sits at 21.93% in year one, and rental yield is 8.68% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 114.32% and total cumulative return in cash sums $128,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Multi Family
Built in 1880
6,503 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14620, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,900 (100%) |
| Owner Occupied HU | 3,497 (27.1%) |
| Renter Occupied HU | 8,542 (66.2%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $234,627 |
| Average Home Value | $318,292 |
Housing Distribution
Address Breakdown
Residential
12,036
Single Family
8,162
Multi-Family
3,874
Businesses
573
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