123 Blanchard BlvdSyracuseNY13209
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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 123 Blanchard Blvd, Syracuse, NY, 13209 generates $2,572/mo in rent and, after a $1,157/mo payment, leaves $993/mo in cash flow. Total monthly income is $2,572/mo, and annual cash flow is $11,921/yr on $78,367 invested. Return on cash invested sits at 35.12% in year one, and rental yield is 13.06% on a $236,400 entry. Equity gained on principal adds $1,525/yr, while 5% annual appreciation builds toward $65,313 over five years. Five-year ROI reaches 185.08% and total cumulative return in cash sums $145,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13209, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,138 (100%) |
| Owner Occupied HU | 3,887 (63.3%) |
| Renter Occupied HU | 1,844 (30.0%) |
| Vacant Housing Units | 407 ( 6.6%) |
| Median Home Value | $177,352 |
| Average Home Value | $238,896 |
Housing Distribution
Address Breakdown
Residential
5,890
Single Family
5,227
Multi-Family
663
Businesses
460
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