204 Myron RdSyracuseNY13219
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Nearby investment properties with comparable prices
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
Rental property for sale in Syracuse at 204 Myron Rd, Syracuse, NY, 13219 priced at $112,500 pairs $2,734/mo rent with $1,982/mo cash flow after a $551/mo payment. Total monthly income equals $2,734/mo, and annual cash flow comes to $23,789/yr on $37,294 invested. Return on cash invested is 83.7% in year one, and rental yield stands at 29.16% on a $112,500 basis. Equity gained on principal adds $726/yr, and 5% annual appreciation accumulates to $31,082 by year five. Five-year ROI measures 445.63% and total cumulative return in cash reaches $166,192. For financing, Ziffy Mortgage’s DSCR program evaluates $2,734/mo property income against a $551/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13219, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 5,342 (81.6%) |
| Renter Occupied HU | 956 (14.6%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $191,589 |
| Average Home Value | $255,409 |
Housing Distribution
Address Breakdown
Residential
6,849
Single Family
6,135
Multi-Family
714
Businesses
345
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