1618 1st North StSyracuseNY13208
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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 Syracuse at 1618 1st North St, Syracuse, NY, 13208 earns $169/mo cash flow from $1,364/mo rent with a $876/mo payment. Total monthly income totals $1,364/mo, and annual cash flow totals $2,025/yr on $59,339 capital. ROI tracks 23.32% on current figures, and rental yield reads 9.14% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 121.79% and total cumulative return in cash sums $72,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,364/mo property income instead of your personal income.
Multi Family
Built in 1890
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13208, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,101 (100%) |
| Owner Occupied HU | 3,684 (36.5%) |
| Renter Occupied HU | 5,202 (51.5%) |
| Vacant Housing Units | 1,215 (12.0%) |
| Median Home Value | $115,472 |
| Average Home Value | $182,372 |
Housing Distribution
Address Breakdown
Residential
8,681
Single Family
7,711
Multi-Family
970
Businesses
563
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