7477 Rickmeyer 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 7477 Rickmeyer Rd, Rome, NY, 13440 earns $54/mo cash flow from $3,058/mo rent with a $2,202/mo payment. Total monthly income totals $3,058/mo, and annual cash flow totals $644/yr on $149,142 capital. ROI tracks 20.34% on current figures, and rental yield reads 8.16% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash sums $157,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,058/mo property income instead of your personal income.
Single Family
Built in 2008
0.80 Acres 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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