2363 Grant BlvdSyracuseNY13208
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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 2363 Grant Blvd, Syracuse, NY, 13208 uses $48,068 cash to close to unlock $8,993/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $1,718/mo, and a $710/mo payment keeps the spread at $749/mo. Purchase price stands at $145,000, and rental yield measures 14.22% with $1,718/mo rent. Return on cash invested shows 38.62% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 203.86% and total cumulative return in cash records $97,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1915
3,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13208, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,101 (100%) |
| Owner Occupied HU | 3,684 (36.5%) |
| Renter Occupied HU | 5,202 (51.5%) |
| Vacant Housing Units | 1,215 (12.0%) |
| Median Home Value | $115,472 |
| Average Home Value | $182,372 |
Housing Distribution
Address Breakdown
Residential
8,681
Single Family
7,711
Multi-Family
970
Businesses
563
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