4624 Slippery RockManliusNY13104
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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 4624 Slippery Rock, Manlius, NY, 13104 with 5% annual appreciation on a $450,000 basis while $3,021/mo rent supports operations. Total monthly income totals $3,021/mo and a $2,203/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $186/yr on $149,175 deployed, and return on cash invested reaches 20.03% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 8.06%. Five-year ROI measures 104.16% and total cumulative return in cash totals $155,382.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,021/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1994
8,712 sqft 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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