170 Niven StSyracuseNY13224
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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 170 Niven St, Syracuse, NY, 13224 uses $65,306 cash to close to unlock $8,564/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $2,029/mo, and a $964/mo payment keeps the spread at $714/mo. Purchase price stands at $197,000, and rental yield measures 12.36% with $2,029/mo rent. Return on cash invested shows 33.02% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 173.83% and total cumulative return in cash records $113,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,029/mo property income covering a $964/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13224, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,140 (100%) |
| Owner Occupied HU | 2,274 (54.9%) |
| Renter Occupied HU | 1,543 (37.3%) |
| Vacant Housing Units | 323 ( 7.8%) |
| Median Home Value | $260,031 |
| Average Home Value | $323,341 |
Housing Distribution
Address Breakdown
Residential
3,879
Single Family
3,205
Multi-Family
674
Businesses
186
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