209 Wright AveSyracuseNY13211
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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 209 Wright Ave, Syracuse, NY, 13211 uses $61,328 cash to close to unlock $5,485/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,692/mo, and a $905/mo payment keeps the spread at $457/mo. Purchase price stands at $185,000, and rental yield measures 10.98% with $1,692/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 151.53% and total cumulative return in cash records $92,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,692/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13211, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,835 (64.6%) |
| Renter Occupied HU | 802 (28.2%) |
| Vacant Housing Units | 204 ( 7.2%) |
| Median Home Value | $118,818 |
| Average Home Value | $169,358 |
Housing Distribution
Address Breakdown
Residential
2,751
Single Family
2,425
Multi-Family
326
Businesses
342
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Listed by: Stephen Skinner • Skinner & Assoc. Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1604936
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