7765 McDermott 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
Rental property for sale in Manlius at 7765 McDermott Rd, Manlius, NY, 13104 generates $2,575/mo in rent and, after a $1,234/mo payment, leaves $891/mo in cash flow. Total monthly income is $2,575/mo, and annual cash flow is $10,695/yr on $83,604 invested. Return on cash invested sits at 32.7% in year one, and rental yield is 12.25% on a $252,200 entry. Equity gained on principal adds $1,627/yr, while 5% annual appreciation builds toward $69,678 over five years. Five-year ROI reaches 172.12% and total cumulative return in cash sums $143,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.36 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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