3900 Slate Hill RdMarcellusNY13108
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 Marcellus at 3900 Slate Hill Rd, Marcellus, NY, 13108 earns $1,174/mo cash flow from $3,163/mo rent with a $1,458/mo payment. Total monthly income totals $3,163/mo, and annual cash flow totals $14,087/yr on $98,721 capital. ROI tracks 34.18% on current figures, and rental yield reads 12.75% at a $297,800 purchase. Equity gained on principal adds $1,922/yr, and 5% annual appreciation supports $82,277 over five years. Five-year ROI reaches 180% and total cumulative return in cash sums $177,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,163/mo property income instead of your personal income.
Single Family
Built in 1965
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13108, Marcellus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,527 (100%) |
| Owner Occupied HU | 1,918 (75.9%) |
| Renter Occupied HU | 499 (19.7%) |
| Vacant Housing Units | 110 ( 4.4%) |
| Median Home Value | $269,930 |
| Average Home Value | $315,356 |
Housing Distribution
Address Breakdown
Residential
2,550
Single Family
2,355
Multi-Family
195
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices