214 Kinne St #104East SyracuseNY13057
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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 East Syracuse at 214 Kinne St #104, East Syracuse, NY, 13057 listed at $164,688 pairs $1,289/mo rent with a $806/mo payment to leave $189/mo cash flow. Total monthly income runs $1,289/mo, and annual cash flow reaches $2,272/yr on $54,594 cash to close. Return on cash invested measures 24.07% in year one, and rental yield registers 9.39% at a $164,688 basis. Equity gained on principal adds $1,063/yr, and annual property appreciation at 5% supports $45,500 by year five. Five-year ROI tracks 125.86% and total cumulative return in cash totals $68,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,289/mo property income relative to a $806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Ryan Benz • Redev CNY Brokerage, Corp
Mls Name: NY State MLS
Mls ID: #11567662