820 East Ave UNIT 700RochesterNY14607
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
Investment property for sale in Rochester at 820 East Ave UNIT 700, Rochester, NY, 14607 offers a 6.72% rental yield on a $320,000 purchase with $1,793/mo rent. 02% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 82.67% and total cumulative return in cash at $87,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,793/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14607, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,899 (100%) |
| Owner Occupied HU | 1,481 (12.4%) |
| Renter Occupied HU | 9,354 (78.6%) |
| Vacant Housing Units | 1,064 ( 8.9%) |
| Median Home Value | $321,158 |
| Average Home Value | $350,883 |
Housing Distribution
Address Breakdown
Residential
9,905
Single Family
5,286
Multi-Family
4,619
Businesses
953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices