210 Newcastle RdSyracuseNY13219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Syracuse rentals match the income profile of 210 Newcastle Rd, Syracuse, NY, 13219. Listed at $210,000, gross rent is $2,593/mo and net cash flow is $1,191/mo, a 14.82% yield well above national averages. DSCR 2.75 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $58,019 by year five with $1,934/yr in annual principal reduction, projecting $156,751 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 7.2% |
| Monthly Cash Flow | $1,191 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,593 |
| Total Monthly Debt Service | $1,319 |
| DSCR Ratio | 1.97x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
7,248 sqft 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
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
Single Family
Built in 1951
7,248 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices