231 Allen StSyracuseNY13210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow231 Allen St, Syracuse, NY, 13210 in Syracuse is a solid income-producing rental, 11.1% gross yield, $1,525/mo rent, $424/mo net cash flow on a $164,900 buy. DSCR 2.06 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,559 and $1,519/yr in principal reduction project a total cumulative return of $90,185.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.2% |
| Monthly Cash Flow | $424 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,525 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.47x |
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.
Multi Family
Built in 1920
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13210, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 2,040 (19.2%) |
| Renter Occupied HU | 7,519 (70.7%) |
| Vacant Housing Units | 1,081 (10.2%) |
| Median Home Value | $202,045 |
| Average Home Value | $228,177 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
6,174
Multi-Family
3,344
Businesses
578
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
Multi Family
Built in 1920
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13210, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 2,040 (19.2%) |
| Renter Occupied HU | 7,519 (70.7%) |
| Vacant Housing Units | 1,081 (10.2%) |
| Median Home Value | $202,045 |
| Average Home Value | $228,177 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
6,174
Multi-Family
3,344
Businesses
578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices