247 Chaffee Ave,Syracuse,NY,13207

Investment Highlights

Rental property for sale in Syracuse at 247 Chaffee Ave, Syracuse, NY, 13207 generates $2,791/mo in rent and, after a $1,028/mo payment, leaves $1,389/mo in cash flow. Total monthly income is $2,791/mo, and annual cash flow is $16,662/yr on $69,615 invested. Return on cash invested sits at 43.84% in year one, and rental yield is 15.95% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 231.87% and total cumulative return in cash sums $161,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,791/mo property income rather than buyer’s personal income.