7649 Farmington RdManliusNY13104
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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 Manlius at 7649 Farmington Rd, Manlius, NY, 13104 offers a 20.1% rental yield on a $319,900 purchase with $5,358/mo rent. Total monthly income registers $5,358/mo, and a $1,566/mo payment leaves $3,222/mo available for distribution. Annual cash flow reaches $38,658/yr on $106,047 to close, and return on cash invested stands at 56.36% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 298.99% and total cumulative return in cash at $317,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,358/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.31 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Rebecca Battles • Acropolis Realty Group LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1556736
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