108 W Jefferson St APT 706SyracuseNY13202
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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
Investment property for sale in Syracuse at 108 W Jefferson St APT 706, Syracuse, NY, 13202 earns $500/mo cash flow from $2,228/mo rent with a $1,003/mo payment. Total monthly income totals $2,228/mo, and annual cash flow totals $6,005/yr on $67,958 capital. ROI tracks 28.75% on current figures, and rental yield reads 13.04% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 153.21% and total cumulative return in cash sums $104,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,228/mo property income instead of your personal income.
Condo
Built in 1928
544.50 sqft lot
$N/A/sqft
$359 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13202, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 135 ( 3.3%) |
| Renter Occupied HU | 3,269 (79.9%) |
| Vacant Housing Units | 689 (16.8%) |
| Median Home Value | $196,875 |
| Average Home Value | $287,016 |
Housing Distribution
Address Breakdown
Residential
3,803
Single Family
1,887
Multi-Family
1,916
Businesses
1,296
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Listed by: Emily Campbell • Acropolis Realty Group LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1575022
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