114 Nelson StSyracuseNY13204
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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 Syracuse at 114 Nelson St, Syracuse, NY, 13204 priced at $125,000 pairs $1,682/mo rent with $847/mo cash flow after a $612/mo payment. Total monthly income equals $1,682/mo, and annual cash flow comes to $10,165/yr on $41,438 invested. Return on cash invested is 44.44% in year one, and rental yield stands at 16.15% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 235.16% and total cumulative return in cash reaches $97,445. For financing, Ziffy Mortgage’s DSCR program evaluates $1,682/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13204, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 2,222 (21.8%) |
| Renter Occupied HU | 6,572 (64.3%) |
| Vacant Housing Units | 1,420 (13.9%) |
| Median Home Value | $113,740 |
| Average Home Value | $193,630 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
7,023
Multi-Family
1,747
Businesses
1,028
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