112 Armitage DrNorth 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 112 Armitage Dr, North Syracuse, NY, 13212 earns $183/mo cash flow from $1,512/mo rent with a $974/mo payment. Total monthly income totals $1,512/mo, and annual cash flow totals $2,197/yr on $65,969 capital. ROI tracks 23.24% on current figures, and rental yield reads 9.12% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 121.41% and total cumulative return in cash sums $80,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,512/mo property income instead of your personal income.
Single Family
Built in 1955
8,712 sqft 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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Listed by: Bruce M. Graham • Bruce Graham Real Estate, LLC
Mls Name: NYSAMLSs
Mls ID: #S1640322