249 Syracuse AveOswegoNY13126
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
Investment Highlights
Rental property for sale in Oswego at 249 Syracuse Ave, Oswego, NY, 13126 priced at $139,900 converts $1,684/mo rent into $750/mo cash flow after a $685/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $8,994/yr on $46,377 invested. Return on cash invested prints 39.3% in year one, and rental yield reads 14.44% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 207.52% and total cumulative return in cash sums $96,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1909
6,433 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13126, Oswego, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 8,551 (54.1%) |
| Renter Occupied HU | 5,074 (32.1%) |
| Vacant Housing Units | 2,183 (13.8%) |
| Median Home Value | $163,728 |
| Average Home Value | $188,660 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
13,177
Multi-Family
1,126
Businesses
866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices