7422 Soule RdRomeNY13440
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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 Rome at 7422 Soule Rd, Rome, NY, 13440 listed at $114,900 pairs $2,174/mo rent with a $562/mo payment to leave $1,407/mo cash flow. Total monthly income runs $2,174/mo, and annual cash flow reaches $16,885/yr on $38,089 cash to close. Return on cash invested measures 64.24% in year one, and rental yield registers 22.7% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 341.33% and total cumulative return in cash totals $130,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,174/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
7,797 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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Listed by: Richard Stanton • Dick Stanton Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1558292
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