7991 Plainville RdMemphisNY13112
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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 Memphis at 7991 Plainville Rd, Memphis, NY, 13112 earns $1,108/mo cash flow from $2,210/mo rent with a $808/mo payment. Total monthly income totals $2,210/mo, and annual cash flow totals $13,293/yr on $54,698 capital. ROI tracks 44.21% on current figures, and rental yield reads 16.07% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 233.8% and total cumulative return in cash sums $127,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,210/mo property income instead of your personal income.
Single Family
Built in 1880
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13112, Memphis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 621 (78.6%) |
| Renter Occupied HU | 75 ( 9.5%) |
| Vacant Housing Units | 94 (11.9%) |
| Median Home Value | $233,239 |
| Average Home Value | $272,834 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
731
Multi-Family
0
Businesses
27
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Listed by: Jeanine Volpe • Keller Williams Syracuse
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1568695
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