231 Allen StSyracuseNY13210
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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 231 Allen St, Syracuse, NY, 13210 priced at $164,900 converts $1,525/mo rent into $424/mo cash flow after a $807/mo obligation. Total monthly income equals $1,525/mo, and annual cash flow totals $5,087/yr on $54,664 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 11.1% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 153.39% and total cumulative return in cash sums $83,848. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,525/mo property income covering a $807/mo payment, not borrower’s personal income.
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
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