940 Ridgeway AveRochesterNY14615
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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 940 Ridgeway Ave, Rochester, NY, 14615 earns $775/mo cash flow from $1,943/mo rent with a $856/mo payment. Total monthly income totals $1,943/mo, and annual cash flow totals $9,301/yr on $57,979 capital. ROI tracks 35.95% on current figures, and rental yield reads 13.33% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 189.58% and total cumulative return in cash sums $109,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Single Family
Built in 1905
7,283 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14615, Rochester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,981 (100%) |
| Owner Occupied HU | 3,678 (46.1%) |
| Renter Occupied HU | 3,950 (49.5%) |
| Vacant Housing Units | 353 ( 4.4%) |
| Median Home Value | $150,256 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
7,279
Single Family
5,737
Multi-Family
1,542
Businesses
488
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