211 W Jefferson St APT 309SyracuseNY13202
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 211 W Jefferson St APT 309, Syracuse, NY, 13202 in Syracuse. Rental yield 5.46%. At $560,000 with 5.46% gross yield, current distributions are modest, but the 5% appreciation rate projects $154,718 in new equity by year five, complemented by $5,158/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.01) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $136,957.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 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 | $2,549 |
| Total Monthly Debt Service | $3,517 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in N/A
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13202, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 135 ( 3.3%) |
| Renter Occupied HU | 3,269 (79.9%) |
| Vacant Housing Units | 689 (16.8%) |
| Median Home Value | $196,875 |
| Average Home Value | $287,016 |
Housing Distribution
Address Breakdown
Residential
3,803
Single Family
1,887
Multi-Family
1,916
Businesses
1,296
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
Condo
Built in N/A
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13202, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 135 ( 3.3%) |
| Renter Occupied HU | 3,269 (79.9%) |
| Vacant Housing Units | 689 (16.8%) |
| Median Home Value | $196,875 |
| Average Home Value | $287,016 |
Housing Distribution
Address Breakdown
Residential
3,803
Single Family
1,887
Multi-Family
1,916
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices