276 Summerhaven Dr SEast SyracuseNY13057
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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 East Syracuse at 276 Summerhaven Dr S, East Syracuse, NY, 13057 priced at $424,000 pairs $2,810/mo rent with after a $2,075/mo payment. Total monthly income equals $2,810/mo. Return on cash invested is 16.57% in year one, and rental yield stands at 7.95% on a $424,000 basis. Equity gained on principal adds $2,736/yr, and 5% annual appreciation accumulates to $117,143 by year five. Five-year ROI measures 86.71% and total cumulative return in cash reaches $121,875. For financing, Ziffy Mortgage’s DSCR program evaluates $2,810/mo property income against a $2,075/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1998
1,742 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Richard Lelong • Cedar Bay Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1626977
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