1106 3rd StSolvayNY13209
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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 Solvay at 1106 3rd St, Solvay, NY, 13209 earns $167/mo cash flow from $1,268/mo rent with a $807/mo payment. Total monthly income totals $1,268/mo, and annual cash flow totals $2,003/yr on $54,664 capital. ROI tracks 23.57% on current figures, and rental yield reads 9.23% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash sums $67,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,268/mo property income instead of your personal income.
Single Family
Built in 1931
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13209, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,138 (100%) |
| Owner Occupied HU | 3,887 (63.3%) |
| Renter Occupied HU | 1,844 (30.0%) |
| Vacant Housing Units | 407 ( 6.6%) |
| Median Home Value | $177,352 |
| Average Home Value | $238,896 |
Housing Distribution
Address Breakdown
Residential
5,890
Single Family
5,227
Multi-Family
663
Businesses
460
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