504 W Bloomfield StRomeNY13440
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
Rental property for sale in Rome at 504 W Bloomfield St, Rome, NY, 13440 priced at $116,600 converts $888/mo rent into $109/mo cash flow after a $571/mo obligation. Total monthly income equals $888/mo, and annual cash flow totals $1,309/yr on $38,653 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 9.14% against a $116,600 entry. Equity gained on principal adds $752/yr, while 5% annual appreciation compiles into $32,214 by year five. Five-year ROI reaches 121.78% and total cumulative return in cash sums $47,072. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $888/mo property income covering a $571/mo payment, not borrower’s personal income.
Single Family
Built in 1895
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13440, Rome, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,860 (100%) |
| Owner Occupied HU | 10,421 (55.3%) |
| Renter Occupied HU | 6,710 (35.6%) |
| Vacant Housing Units | 1,729 ( 9.2%) |
| Median Home Value | $187,381 |
| Average Home Value | $227,782 |
Housing Distribution
Address Breakdown
Residential
17,487
Single Family
15,735
Multi-Family
1,752
Businesses
973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neven Lee Spralja • REALHome Services & Solutions
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1609122
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-05-23 10:20:20 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.