109 Grove StNorth SyracuseNY13212
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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 North Syracuse at 109 Grove St, North Syracuse, NY, 13212 at $189,000 posts ROI 37.26% with $906/mo cash flow from $2,168/mo rent. Total monthly income equals $2,168/mo, and annual cash flow records $10,871/yr on $62,654 to close. Return on cash invested measures 37.26% and rental yield reads 13.77% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 196.53% and total cumulative return in cash totals $123,130.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.38 Acres 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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Nearby investment properties with comparable prices
Listed by: Haley R Grieb • Kirnan Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1629685