246 Academy PlSyracuseNY13207
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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 246 Academy Pl, Syracuse, NY, 13207 offers a 13.73% rental yield on a $150,000 purchase with $1,716/mo rent. Total monthly income registers $1,716/mo, and a $734/mo payment leaves $715/mo available for distribution. Annual cash flow reaches $8,574/yr on $49,725 to close, and return on cash invested stands at 37.15% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 195.99% and total cumulative return in cash at $97,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,716/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,250 sqft lot
$N/A/sqft
No HOA
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