273 Reed AveSyracuseNY13207
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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 273 Reed Ave, Syracuse, NY, 13207 offers $1,145/mo rent that, after a $734/mo payment, leaves $144/mo cash flow. Total monthly income is $1,145/mo, and annual cash flow is $1,724/yr on $49,692 cash. Return on cash invested measures 23.38% in year one, and rental yield stands at 9.17% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 122.12% and total cumulative return in cash reaches $60,683. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,145/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
4,730 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Gabriella Mangovski • Hunt Real Estate Era
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1587725
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