88 Fairfax RdRochesterNY14609
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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 Rochester at 88 Fairfax Rd, Rochester, NY, 14609 uses $57,979 cash to close to unlock $2,053/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,339/mo, and a $856/mo payment keeps the spread at $171/mo. Purchase price stands at $174,900, and rental yield measures 9.19% with $1,339/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 122.57% and total cumulative return in cash records $71,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,339/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1932
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14609, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 10,153 (52.6%) |
| Renter Occupied HU | 7,921 (41.0%) |
| Vacant Housing Units | 1,231 ( 6.4%) |
| Median Home Value | $165,149 |
| Average Home Value | $213,857 |
Housing Distribution
Address Breakdown
Residential
18,135
Single Family
16,526
Multi-Family
1,609
Businesses
857
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