228 Fayette BlvdSyracuseNY13224
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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 228 Fayette Blvd, Syracuse, NY, 13224 earns $201/mo cash flow from $1,263/mo rent with a $778/mo payment. Total monthly income totals $1,263/mo, and annual cash flow totals $2,417/yr on $52,709 capital. ROI tracks 24.5% on current figures, and rental yield reads 9.53% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 128.11% and total cumulative return in cash sums $67,524. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,263/mo property income instead of your personal income.
Single Family
Built in 1952
6,398 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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