569 Merchants Rd, Rochester, NY 14609
NY
PendingD
Assignment dealBuyer pays both sidesSeller attorney feeProof of funds required
Pass — deal does not pencil under conservative assumptions.
Listing Details
| Ask price | $74,900 |
| Beds / baths | 3 bd / 1.5 ba |
| Square feet | 1,248 |
| Lot size | 4,356 sqft |
| Property type | Home |
| Year built | 1925 |
| Inspection date | — |
| Deposit | — |
| Closing terms | costs + seller attorney fee |
| First seen | 9/2/2026 |
| Last seen | 9/24/2026 |
Underwriting
Estimates (verify with comps)
| ARV low / base / high | $112,320 / $134,784 / $162,240 |
| Rehab low / base / high | $34,944 / $52,416 / $72,384 |
| Rehab tier | moderate |
| Rent range (low / base / high) | $1,100 / $1,275 / $1,450 /mo |
| Acquisition friction | $6,000 |
Flip Scenario
| All-in cost (base) | $140,516 |
| Profit low / base / high | $-57,150 / $-16,515 / $26,217 |
| MAO (flip) | $38,385 |
Rental Scenario
| NOI (base) | $6,522 |
| Monthly cash flow | $-156 |
| Cap rate | 4.9% |
| DSCR | 0.78 |
| MAO (rental) | $27,951 |
BRRRR Scenario
| Refi proceeds (75% ARV) | $101,088 |
| Cash left in deal | $32,228 |
| MAO (BRRRR) | $42,672 |
ARV estimated from $/sqft Rochester averages — verify with actual comps before committing. | No inspection date found; confirm walkthrough availability.
Key Risks
- ▲Flip profit thin at base ARV ($-16,515).
- ▲Rental cash flow weak ($-156/mo, DSCR 0.78).
- ▲BRRRR leaves $32,228 cash in deal after refi.
- ▲Buyer pays both sides' closing costs — significant friction penalty.
- ▲Assignment deal only — may limit financing options.
- ▲Seller attorney fee required — adds cost.
Listing Remarks
569 Merchants Rd, Rochester, NY 14609
History
| Date | Status | Price | Changes |
|---|---|---|---|
| 9/24/2026 | Pending | — | — |
| 9/23/2026 | Pending | — | — |
| 9/22/2026 | Pending | — | — |
| 9/21/2026 | Pending | — | — |
| 9/20/2026 | Pending | — | — |
| 9/19/2026 | Pending | $74,900 | detail_page_fetch |
| 9/19/2026 | Pending | — | current_status: Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 → Pending |
| 9/18/2026 | — | — | — |
| 9/17/2026 | — | — | — |
| 9/16/2026 | — | — | — |
| 9/15/2026 | — | — | — |
| 9/14/2026 | — | — | — |
| 9/13/2026 | — | — | — |
| 9/12/2026 | — | — | — |
| 9/11/2026 | — | — | — |
| 9/10/2026 | — | — | — |
| 9/9/2026 | — | — | — |
| 9/8/2026 | — | — | — |
| 9/8/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/7/2026 | — | — | — |
| 9/7/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/6/2026 | — | — | — |
| 9/6/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/5/2026 | — | — | — |
| 9/5/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/4/2026 | — | — | — |
| 9/4/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/3/2026 | — | — | — |
| 9/3/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | — | — |
| 9/2/2026 | Home Assignment of Contract $74,900 3 bd 1.5 ba 1,248 sqft 569 Merchants Rd, Rochester, NY 14609 | $74,900 | detail_page_fetch |