110 Spring LnSyracuseNY13208
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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 110 Spring Ln, Syracuse, NY, 13208 with 5% annual appreciation on a $138,500 basis while $1,854/mo rent supports operations. Total monthly income totals $1,854/mo and a $678/mo payment preserves $929/mo for cash returns. Annual cash flow comes to $11,148/yr on $45,913 deployed, and return on cash invested reaches 44.19% in year one. Equity gained on principal adds $894/yr, and five-year appreciation sums $38,265 alongside rental yield of 16.06%. Five-year ROI measures 233.83% and total cumulative return in cash totals $107,359.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $678/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13208, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,101 (100%) |
| Owner Occupied HU | 3,684 (36.5%) |
| Renter Occupied HU | 5,202 (51.5%) |
| Vacant Housing Units | 1,215 (12.0%) |
| Median Home Value | $115,472 |
| Average Home Value | $182,372 |
Housing Distribution
Address Breakdown
Residential
8,681
Single Family
7,711
Multi-Family
970
Businesses
563
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