1501 Burnet AveSyracuseNY13206
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1501 Burnet Ave, Syracuse, NY, 13206 in Syracuse speaks for itself: 13.98% gross on a $169,900 price, generating $1,980/mo in rent and $845/mo in net income after the $764/mo debt service. DSCR 2.59, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,145 stacks alongside $46,940 in projected five-year appreciation and $1,565/yr in principal reduction. Projected total cumulative return: $119,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 7.2% |
| Monthly Cash Flow | $845 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,067 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1970
6,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13206, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 3,838 (46.1%) |
| Renter Occupied HU | 3,859 (46.4%) |
| Vacant Housing Units | 623 ( 7.5%) |
| Median Home Value | $153,136 |
| Average Home Value | $192,727 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
6,463
Multi-Family
1,580
Businesses
809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1970
6,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13206, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 3,838 (46.1%) |
| Renter Occupied HU | 3,859 (46.4%) |
| Vacant Housing Units | 623 ( 7.5%) |
| Median Home Value | $153,136 |
| Average Home Value | $192,727 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
6,463
Multi-Family
1,580
Businesses
809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices