250 McLennan AveSyracuseNY13205
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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
Rental property for sale in Syracuse at 250 McLennan Ave, Syracuse, NY, 13205 priced at $139,900 converts $1,931/mo rent into $997/mo cash flow after a $685/mo obligation. Total monthly income equals $1,931/mo, and annual cash flow totals $11,958/yr on $46,377 invested. Return on cash invested prints 45.69% in year one, and rental yield reads 16.56% 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 241.83% and total cumulative return in cash sums $112,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,931/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,549 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13205, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,207 (100%) |
| Owner Occupied HU | 2,970 (36.2%) |
| Renter Occupied HU | 4,267 (52.0%) |
| Vacant Housing Units | 970 (11.8%) |
| Median Home Value | $112,087 |
| Average Home Value | $254,008 |
Housing Distribution
Address Breakdown
Residential
7,719
Single Family
5,571
Multi-Family
2,148
Businesses
429
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