238 Scottholm TerSyracuseNY13224
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 238 Scottholm Ter, Syracuse, NY, 13224 in Syracuse speaks for itself: 14.97% gross on a $399,900 price, generating $4,987/mo in rent and $2,317/mo in net income after the $1,798/mo debt service. DSCR 2.77, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $27,801 stacks alongside $110,485 in projected five-year appreciation and $3,683/yr in principal reduction. Projected total cumulative return: $301,573.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 7.2% |
| Monthly Cash Flow | $2,317 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,987 |
| Total Monthly Debt Service | $2,511 |
| DSCR Ratio | 1.99x |
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.
Single Family
Built in 1965
0.39 Acres 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
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
Single Family
Built in 1965
0.39 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices