1036 Peru Rd · Elbridge, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- 0.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +8.2/30.0
- ARV discount +7.5/15.0
- Appreciation +6.4/10.0
- Schools +4.9/10.0
- 1% rule +3.7/10.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.2/10.0
$119,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property currently includes a 1140 sq ft 1960 mobile home, which can be removed when you are ready to build your dream home. This mobile is being included in "as is" condition, and any kitchen appliances included in the sale are in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
Key facts
- 4.58 acre lot
- Built 1960
- Listed 55 days
Property features AI
Exterior
- Parking: No garage
- Utilities: Well water; Septic tank; Circuit breaker electrical service
- Home design: Single-wide mobile home; Single-story; Existing structure
- Construction: Aluminum siding; Asphalt roof; Block and poured foundation; Built as existing (year built details listed as existing)
- Exterior features: Gravel driveway; Secluded, wooded setting; Rectangular lot
Interior
- Kitchen: Gas range; Gas oven; Refrigerator
- Bedrooms: Three main-level bedrooms; Total of 6 rooms
- Flooring: Carpet; Laminate; Vinyl; Varied flooring
- Bathrooms: One full bathroom on the main level
- Heating & cooling: Propane forced-air heating
- Interior features: Country kitchen; Combined living and dining area; Bedroom on main level; Partial basement
- Laundry & utility: Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath manufactured listed at $119k.
Deal economics
- At list price, monthly cash flow is $-112 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $99k (16.6% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $103k (13.3% below list).
- Recommended offer: $99k (16.6% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 63/100 on livability (#794 in NY) — a middle-class / working-renter tenant base. Strengths: crime A, cost of living A-, housing A-; Watch: employment D+, amenities F, commute F.
- Jordan-Elbridge Central School District (rural): math 57% / reading 57% proficiency, ranked #277 of 590 in NY (top 47%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: 22 active listings in the ZIP; 616 units permitted in Onondaga County in 2024 (256 in 5+ unit buildings).
Forward outlook
- In year one you build about $4k of equity ($823 loan paydown + $3k appreciation (2.9% local appreciation)).
- Onondaga County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- By year 8, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 55 days — a 3% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $60k; list at $119k implies a 98% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 2.6% of price.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 55 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.87% ✗
- Cap rate
- 5.16%
- Cash-on-cash
- -4.04%
- DSCR
- 0.82
- GRM
- 9.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
2.86% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 3.4%
- Equity multiple
- 1.19×
- Total profit
- $6,425
- Equity at exit
- $52,601
- IRR
- 6.8%
- Equity multiple
- 2.02×
- Total profit
- $34,069
- Equity at exit
- $80,365
Cash invested: $33,320 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 13080
- Home prices YoY
- 1.0%
- Active inventory
- 22
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $1,032 medium interval (Pro) →
- Mortgage (P&I)
- −$624
- Tax from tax record
- −$254 /mo · $3,047/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$217
- Net cashflow
- $-112
Break-even live
Sensitivity live
| Price | -10% $-45 | -5% $-78 | +0% $-112 | +5% $-146 | +10% $-179 |
|---|---|---|---|---|---|
| Rent | -10% $-194 | -5% $-153 | +0% $-112 | +5% $-71 | +10% $-31 |
| Rate | -1.0pp $-52 | -0.5pp $-82 | base $-112 | +0.5pp $-143 | +1.0pp $-174 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $29,750
- Closing costs
- $3,570
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 28 events
-
2026-05-20status Pending
-
2026-05-08historical Active Under Contract
-
2026-03-26$119,000 Active
-
2025-03-19soldstatus $60,000
-
2025-03-17soldstatus $60,000 Closed 970-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2025-03-17soldstatus $60,000 Closed 1113-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-11-24status Pending 970-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-11-24status Pending 1113-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-10-31price $68,000 1113-char remark
Show marketing remark (970 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property currently includes a 1140 sq ft 1960 mobile home, which can be removed when you are ready to build your dream home. This mobile is being included in "as is" condition, and any kitchen appliances included in the sale are in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-10-31price $68,000 970-char remark
Show marketing remark (970 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property currently includes a 1140 sq ft 1960 mobile home, which can be removed when you are ready to build your dream home. This mobile is being included in "as is" condition, and any kitchen appliances included in the sale are in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-08-26$78,000 Active 970-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-08-26$78,000 Active 1113-char remark
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
-
2024-08-26historical
Show marketing remark (1113 chars)
Welcome to this beautiful piece of property located outside the Village of Jordan. The 4.58 acre parcel is located on a quiet country road close to the Historic Erie Canal in the award-winning Jordan-Elbridge School District, which boasts a wide range of academic and extracurricular activities along with a top-rated Pre-K program for 3 & 4 year olds. This property is perfect for horses or 4-wheelers - plenty of room for trails through the woods and hills of this almost 5 acre parcel! The entrance for the NYS Thruway is only 10 minutes away! This property includes a 1140 sq ft 1960 mobile home. This mobile home includes two additions totaling 430 sq ft that are not indicated in the tax records. The septic and well tests passed earlier this summer. While financing may be difficult to obtain, it is currently mortgaged through Farm Credit East. Mobile is being sold in "as is" condition. Kitchen appliances included in "as is" condition. Note that the property does not have road frontage, but the driveway is a 60-foot deeded right of way over property owned by Onondaga County.
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2024-06-17price $85,000
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2024-06-11status Active
-
2024-04-26status Pending
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2024-03-26$90,000 Active
-
2023-03-30soldstatus $65,000
-
2023-03-24soldstatus $65,000 Closed Sale or Rented
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2023-01-31status Pending Sale
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2023-01-07$65,000 Active
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2023-01-05historical
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2023-01-02$99,900 Active
-
2022-12-30historical
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2022-11-17status Active
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2022-08-27status Under Contract- Do Not Show
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2022-08-24historical Continue to Show- Under Contract
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2022-08-13$99,900 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $3,047 · $254/mo
- Projected year-2 tax
- $3,047 · $254/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low 0% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $12,387
- − Mortgage interest
- −$6,666
- − Property taxes
- −$3,047
- − Insurance
- −$595
- − Repairs & maintenance
- −$991
- − Management
- −$991
- − Depreciation
- −$3,462
- Taxable loss
- −$3,365
- Est. tax savings @ 24.0%
- +$808
- After-tax cash flow
- $-537/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Jordan-Elbridge Central School District
- NCES district ID
- 3615990
- Math proficiency
- 57% ▲ 4.00%
- Reading proficiency
- 57% ▲ 8.00%
- Median HH income
- $55,408
- Composite
- 49.11/100
- National rank
- #2049
- State rank
- #277 of 590 in NY
Livability — Elbridge
- Score
- 63/100
- State rank
- #794
- US rank
- #15284
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 3,282
Population outlook (Onondaga County) Hauer SSP2
- Today (2025)
- 467,894 people
- By 2030
- 463,381 · -1.0%
- By 2040
- 447,697 · -4.3%
- By 2050
- 426,399 · -8.9%
- By 2075
- 373,661 · -20.1%
- By 2100
- 307,967 · -34.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (92%)
- Race & ethnicity
- White 92% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Lithuanian 8% Romanian 4% Iranian 3%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 2% German/W. Germanic 1%
Political lean MEDSL · Onondaga
- 2024 margin
- D (+17.3) · D 58.6% · R 41.4%
- 2008→2024 swing
- -3.0pp toward R · 2008: 20.3pp · 2024: 17.3pp
- All cycles
- 2024: D+17.3 2020: D+20.6 2016: D+12.8 2012: D+21.1 2008: D+20.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 2.86%
- Current HPI
- 299.8452
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
|
||
| Telecommunications | 2 | $144B |
|
||
| Pharmaceuticals | 2 | $112B |
|
||
| Media / Entertainment | 2 | $69B |
|
||
Price history
+19.1% since first listed28 events — show timeline
- 2026-05-20 Pending — CNYIS
- 2026-05-08 Contingent — CNYIS
- 2026-03-26 Listed $119,000 CNYIS
- 2025-03-19 Sold (Public Records) $60,000 Public Records
- 2025-03-17 Sold (MLS) $60,000 CNYIS
- 2025-03-17 Sold (MLS) $60,000 CNYIS
- 2024-11-24 Pending — CNYIS
- 2024-11-24 Pending — CNYIS
- 2024-10-31 Price Changed $68,000 CNYIS
- 2024-10-31 Price Changed $68,000 CNYIS
- 2024-08-26 Listing Removed — CNYIS
- 2024-08-26 Listed $78,000 CNYIS
- 2024-08-26 Listed $78,000 CNYIS
- 2024-06-17 Price Changed $85,000 CNYIS
- 2024-06-11 Relisted — CNYIS
- 2024-04-26 Pending — CNYIS
- 2024-03-26 Listed $90,000 CNYIS
- 2023-03-30 Sold (Public Records) $65,000 Public Records
- 2023-03-24 Sold (MLS) $65,000 CNYIS
- 2023-01-31 Pending — CNYIS
- 2023-01-07 Listed $65,000 CNYIS
- 2023-01-05 Listing Removed — CNYIS
- 2023-01-02 Listed $99,900 CNYIS
- 2022-12-30 Listing Removed — CNYIS
- 2022-11-17 Relisted — CNYIS
- 2022-08-27 Pending — CNYIS
- 2022-08-24 Contingent — CNYIS
- 2022-08-13 Listed $99,900 CNYIS
Property tax history
+21.9%/yrLatest (2025): $3,047 · +62.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…