910 Morgan 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
Rental property for sale in Memphis at 910 Morgan Rd, Memphis, NY, 13112 generates $2,768/mo in rent and, after a $732/mo payment, leaves $1,769/mo in cash flow. Total monthly income is $2,768/mo, and annual cash flow is $21,231/yr on $49,592 invested. Return on cash invested sits at 62.72% in year one, and rental yield is 22.2% on a $149,600 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,332 over five years. Five-year ROI reaches 333.12% and total cumulative return in cash sums $165,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
9,950 sqft 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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