4639 Slippery RockManliusNY13104
Nearby investment properties with comparable rents
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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
Rental property for sale in Manlius at 4639 Slippery Rock, Manlius, NY, 13104 generates $2,910/mo in rent and, after a $1,835/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,910/mo, and annual cash flow is $2,307/yr on $124,312 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 9.31% on a $374,999 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,605 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash sums $141,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,910/mo property income rather than buyer’s personal income.
Condo
Built in 1988
5,227 sqft lot
$N/A/sqft
$214 monthly 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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Listed by: Robert Ripley • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1573720
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