162 McAlpine StSyracuseNY13211
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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 162 McAlpine St, Syracuse, NY, 13211 offers a 12.39% rental yield on a $215,000 purchase with $2,220/mo rent. Total monthly income registers $2,220/mo, and a $1,052/mo payment leaves $785/mo available for distribution. Annual cash flow reaches $9,415/yr on $71,273 to close, and return on cash invested stands at 33.12% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 174.35% and total cumulative return in cash at $124,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13211, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,835 (64.6%) |
| Renter Occupied HU | 802 (28.2%) |
| Vacant Housing Units | 204 ( 7.2%) |
| Median Home Value | $118,818 |
| Average Home Value | $169,358 |
Housing Distribution
Address Breakdown
Residential
2,751
Single Family
2,425
Multi-Family
326
Businesses
342
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