108 Phillips RdSyracuseNY13214
Nearby investment properties with comparable rents
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
Investment property for sale in Syracuse at 108 Phillips Rd, Syracuse, NY, 13214 at $228,000 posts ROI 34.25% with $903/mo cash flow from $2,426/mo rent. Total monthly income equals $2,426/mo, and annual cash flow records $10,841/yr on $75,582 to close. Return on cash invested measures 34.25% and rental yield reads 12.77% at the current $228,000. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 by year five. Five-year ROI prints 180.44% and total cumulative return in cash totals $136,383.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,426/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
8,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13214, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,279 (100%) |
| Owner Occupied HU | 2,122 (64.7%) |
| Renter Occupied HU | 937 (28.6%) |
| Vacant Housing Units | 220 ( 6.7%) |
| Median Home Value | $236,224 |
| Average Home Value | $339,109 |
Housing Distribution
Address Breakdown
Residential
3,233
Single Family
2,573
Multi-Family
660
Businesses
462
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Nearby investment properties with comparable prices
Listed by: Stephen Skinner • Skinner & Assoc. Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1615790
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