184 W Matson AveSyracuseNY13205
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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 184 W Matson Ave, Syracuse, NY, 13205 uses $34,808 cash to close to unlock $1,365/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $815/mo, and a $514/mo payment keeps the spread at $114/mo. Purchase price stands at $105,000, and rental yield measures 9.31% with $815/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 124.56% and total cumulative return in cash records $43,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $815/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,641 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13205, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,207 (100%) |
| Owner Occupied HU | 2,970 (36.2%) |
| Renter Occupied HU | 4,267 (52.0%) |
| Vacant Housing Units | 970 (11.8%) |
| Median Home Value | $112,087 |
| Average Home Value | $254,008 |
Housing Distribution
Address Breakdown
Residential
7,719
Single Family
5,571
Multi-Family
2,148
Businesses
429
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