3979 Watervale RdManliusNY13104
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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 Manlius at 3979 Watervale Rd, Manlius, NY, 13104 uses $151,926 cash to close to unlock $9,452/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $3,848/mo, and a $2,243/mo payment keeps the spread at $788/mo. Purchase price stands at $458,300, and rental yield measures 10.08% with $3,848/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $126,620 over five years. Five-year ROI reaches 136.85% and total cumulative return in cash records $207,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,848/mo property income covering a $2,243/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13104, Manlius, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,039 (74.6%) |
| Renter Occupied HU | 1,377 (20.4%) |
| Vacant Housing Units | 343 ( 5.1%) |
| Median Home Value | $353,728 |
| Average Home Value | $397,645 |
Housing Distribution
Address Breakdown
Residential
6,478
Single Family
5,846
Multi-Family
632
Businesses
355
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