9 Springwood LnPittsfordNY14534
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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 Pittsford at 9 Springwood Ln, Pittsford, NY, 14534 priced at $290,000 converts $3,550/mo rent into $1,614/mo cash flow after a $1,419/mo obligation. Total monthly income equals $3,550/mo, and annual cash flow totals $19,366/yr on $96,135 invested. Return on cash invested prints 40.05% in year one, and rental yield reads 14.69% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 211.51% and total cumulative return in cash sums $203,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,550/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14534, Pittsford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,176 (100%) |
| Owner Occupied HU | 11,138 (84.5%) |
| Renter Occupied HU | 1,486 (11.3%) |
| Vacant Housing Units | 552 ( 4.2%) |
| Median Home Value | $366,159 |
| Average Home Value | $406,258 |
Housing Distribution
Address Breakdown
Residential
12,790
Single Family
12,026
Multi-Family
764
Businesses
993
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