262 North AveSyracuseNY13206
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 Syracuse at 262 North Ave, Syracuse, NY, 13206 priced at $226,600 pairs $2,440/mo rent with $927/mo cash flow after a $1,109/mo payment. Total monthly income equals $2,440/mo, and annual cash flow comes to $11,123/yr on $75,118 invested. Return on cash invested is 34.72% in year one, and rental yield stands at 12.92% on a $226,600 basis. Equity gained on principal adds $1,462/yr, and 5% annual appreciation accumulates to $62,605 by year five. Five-year ROI measures 182.87% and total cumulative return in cash reaches $137,371. For financing, Ziffy Mortgage’s DSCR program evaluates $2,440/mo property income against a $1,109/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1938
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13206, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 3,838 (46.1%) |
| Renter Occupied HU | 3,859 (46.4%) |
| Vacant Housing Units | 623 ( 7.5%) |
| Median Home Value | $153,136 |
| Average Home Value | $192,727 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
6,463
Multi-Family
1,580
Businesses
809
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