276 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 276 Reed Ave, Syracuse, NY, 13207 generates $1,894/mo in rent and, after a $954/mo payment, leaves $592/mo in cash flow. Total monthly income is $1,894/mo, and annual cash flow is $7,107/yr on $64,643 invested. Return on cash invested sits at 30.9% in year one, and rental yield is 11.66% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 162.48% and total cumulative return in cash sums $105,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,894/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Ben Gray • eXp Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1610797
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