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1036 Peru Rd
D Composite 41.05
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

1036 Peru Rd · Elbridge, NY 13080
3 bd · 1.0 ba · 720 sqft · Manufactured public records · 55 Days on market
Built 1960 4.58 ac lot

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $99,202 (16.6% below list)

Questions for the listing agent

  1. 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?
  2. 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?
  3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
3.4%
Equity multiple
1.19×
Total profit
$6,425
Equity at exit
$52,601
10-year hold
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
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

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

Break-even rent $1,174
Max offer price $99,202
Occupancy floor

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

  1. 2026-05-20
    status Pending
  2. 2026-05-08
    historical Active Under Contract
  3. 2026-03-26
    listed $119,000 Active
  4. 2025-03-19
    soldstatus $60,000
  5. 2025-03-17
    soldstatus $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.

  6. 2025-03-17
    soldstatus $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.

  7. 2024-11-24
    status 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.

  8. 2024-11-24
    status 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.

  9. 2024-10-31
    price $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.

  10. 2024-10-31
    price $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.

  11. 2024-08-26
    listed $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.

  12. 2024-08-26
    listed $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.

  13. 2024-08-26
    historical
    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.

  14. 2024-06-17
    price $85,000
  15. 2024-06-11
    status Active
  16. 2024-04-26
    status Pending
  17. 2024-03-26
    listed $90,000 Active
  18. 2023-03-30
    soldstatus $65,000
  19. 2023-03-24
    soldstatus $65,000 Closed Sale or Rented
  20. 2023-01-31
    status Pending Sale
  21. 2023-01-07
    listed $65,000 Active
  22. 2023-01-05
    historical
  23. 2023-01-02
    listed $99,900 Active
  24. 2022-12-30
    historical
  25. 2022-11-17
    status Active
  26. 2022-08-27
    status Under Contract- Do Not Show
  27. 2022-08-24
    historical Continue to Show- Under Contract
  28. 2022-08-13
    listed $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
combined federal + state — saved on this device
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

Amenities F Commute F Cost of living A- Crime A Employment D+ Housing A- Health & safety D- User ratings A

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

Price history

+19.1% since first listed
28 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%/yr

Latest (2025): $3,047 · +62.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…