300 E Medusa St APT 5DSyracuseIN46567
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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 300 E Medusa St APT 5D, Syracuse, IN, 46567 priced at $352,000 pairs $1,357/mo rent with after a $1,723/mo payment. Total monthly income equals $1,357/mo. Return on cash invested is 9.58% in year one, and rental yield stands at 4.63% on a $352,000 basis. Equity gained on principal adds $2,271/yr, and 5% annual appreciation accumulates to $97,251 by year five. Five-year ROI measures 48.14% and total cumulative return in cash reaches $56,178. For financing, Ziffy Mortgage’s DSCR program evaluates $1,357/mo property income against a $1,723/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
2,613 sqft lot
$N/A/sqft
$248 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
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Listed by: Melody Cusick • Re/Max Partners
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509747
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.