205 Crehange St #7SyracuseNY13205
Nearby investment properties with comparable rents
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
Investment property for sale in Syracuse at 205 Crehange St #7, Syracuse, NY, 13205 uses $66,300 cash to close to unlock $8,428/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $2,038/mo, and a $979/mo payment keeps the spread at $702/mo. Purchase price stands at $199,999, and rental yield measures 12.23% with $2,038/mo rent. Return on cash invested shows 32.62% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 171.7% and total cumulative return in cash records $113,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $979/mo payment rather than investor’s personal income.
Multi Family
Built in 1965
9,143 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices