101 Castle RdNorth SyracuseNY13212
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Nearby investment properties with comparable prices
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 North Syracuse at 101 Castle Rd, North Syracuse, NY, 13212 offers $1,467/mo rent that, after a $1,003/mo payment, leaves $99/mo cash flow. Total monthly income is $1,467/mo, and annual cash flow is $1,183/yr on $67,924 cash. Return on cash invested measures 21.65% in year one, and rental yield stands at 8.59% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 112.82% and total cumulative return in cash reaches $76,630. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,467/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13212, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,211 (100%) |
| Owner Occupied HU | 6,277 (68.1%) |
| Renter Occupied HU | 2,534 (27.5%) |
| Vacant Housing Units | 400 ( 4.3%) |
| Median Home Value | $168,177 |
| Average Home Value | $216,625 |
Housing Distribution
Address Breakdown
Residential
9,220
Single Family
7,787
Multi-Family
1,433
Businesses
727
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Listed by: Mary C. Malvasi • Berkshire Hathaway CNY Realty
Mls Name: NYSAMLSs
Mls ID: #S1650452