121 Herbert StNorth 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 121 Herbert St, North Syracuse, NY, 13212 listed at $234,900 pairs $1,601/mo rent with a $1,150/mo payment to leave $32/mo cash flow. Total monthly income runs $1,601/mo, and annual cash flow reaches $385/yr on $77,869 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 8.18% at a $234,900 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,899 by year five. Five-year ROI tracks 106.19% and total cumulative return in cash totals $82,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,601/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
7,000 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: Kevin Little • Hunt Real Estate Era
Mls Name: NYSAMLSs
Mls ID: #S1634092