7853 Vernon Rd SCiceroNY13039
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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 Cicero at 7853 Vernon Rd S, Cicero, NY, 13039 generates $3,108/mo in rent and, after a $1,415/mo payment, leaves $1,178/mo in cash flow. Total monthly income is $3,108/mo, and annual cash flow is $14,131/yr on $95,804 invested. Return on cash invested sits at 34.66% in year one, and rental yield is 12.91% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 182.6% and total cumulative return in cash sums $174,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13039, Cicero, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,306 (100%) |
| Owner Occupied HU | 5,837 (79.9%) |
| Renter Occupied HU | 1,161 (15.9%) |
| Vacant Housing Units | 308 ( 4.2%) |
| Median Home Value | $250,560 |
| Average Home Value | $292,043 |
Housing Distribution
Address Breakdown
Residential
7,305
Single Family
6,452
Multi-Family
853
Businesses
617
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