709 S James StRomeNY13440
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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 Rome at 709 S James St, Rome, NY, 13440 priced at $119,900 pairs $1,260/mo rent with $459/mo cash flow after a $587/mo payment. Total monthly income equals $1,260/mo, and annual cash flow comes to $5,510/yr on $39,747 invested. Return on cash invested is 33.77% in year one, and rental yield stands at 12.61% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 177.95% and total cumulative return in cash reaches $70,728. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1882
3,920 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
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