111 Deerfield RdEast SyracuseNY13057
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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
Rental property for sale in East Syracuse at 111 Deerfield Rd, East Syracuse, NY, 13057 priced at $224,900 converts $4,751/mo rent into $3,249/mo cash flow after a $1,101/mo obligation. Total monthly income equals $4,751/mo, and annual cash flow totals $38,987/yr on $74,554 invested. Return on cash invested prints 72.2% in year one, and rental yield reads 25.35% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 383.9% and total cumulative return in cash sums $286,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,751/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Kimberly Tretowicz • 315 Realty Partners
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1556933
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