111 Simmons TerSyracuseNY13219
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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 111 Simmons Ter, Syracuse, NY, 13219 with 5% annual appreciation on a $293,500 basis while $2,993/mo rent supports operations. Total monthly income totals $2,993/mo and a $1,437/mo payment preserves $1,033/mo for cash returns. Annual cash flow comes to $12,391/yr on $97,295 deployed, and return on cash invested reaches 32.64% in year one. Equity gained on principal adds $1,894/yr, and five-year appreciation sums $81,089 alongside rental yield of 12.24%. Five-year ROI measures 171.79% and total cumulative return in cash totals $167,147.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,993/mo property income versus a $1,437/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13219, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 5,342 (81.6%) |
| Renter Occupied HU | 956 (14.6%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $191,589 |
| Average Home Value | $255,409 |
Housing Distribution
Address Breakdown
Residential
6,849
Single Family
6,135
Multi-Family
714
Businesses
345
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