217 Hurlburt RdSyracuseNY13224
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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
Rental property for sale in Syracuse at 217 Hurlburt Rd, Syracuse, NY, 13224 priced at $399,900 converts $2,819/mo rent into $149/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,819/mo, and annual cash flow totals $1,786/yr on $132,567 invested. Return on cash invested prints 21.26% in year one, and rental yield reads 8.46% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 110.7% and total cumulative return in cash sums $146,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,819/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1952
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13224, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,140 (100%) |
| Owner Occupied HU | 2,274 (54.9%) |
| Renter Occupied HU | 1,543 (37.3%) |
| Vacant Housing Units | 323 ( 7.8%) |
| Median Home Value | $260,031 |
| Average Home Value | $323,341 |
Housing Distribution
Address Breakdown
Residential
3,879
Single Family
3,205
Multi-Family
674
Businesses
186
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