205 W Washington StSyracuseIN46567
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 W Washington St, Syracuse, IN, 46567 at $260,000 posts ROI 24.39% with $322/mo cash flow from $1,883/mo rent. Total monthly income equals $1,883/mo, and annual cash flow records $3,862/yr on $86,190 to close. Return on cash invested measures 24.39% and rental yield reads 8.69% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 126.63% and total cumulative return in cash totals $109,145.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,883/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices