203 Candee AveSyracuseNY13224
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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 203 Candee Ave, Syracuse, NY, 13224 with 5% annual appreciation on a $179,900 basis while $1,366/mo rent supports operations. Total monthly income totals $1,366/mo and a $881/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,970/yr on $59,637 deployed, and return on cash invested reaches 23.21% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 9.11%. Five-year ROI measures 121.29% and total cumulative return in cash totals $72,333.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,366/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
9,300 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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