300 S Syracuse Webster RdSyracuseIN46567
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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 S Syracuse Webster Rd, Syracuse, IN, 46567 priced at $278,000 converts $1,871/mo rent into $202/mo cash flow after a $1,361/mo obligation. Total monthly income equals $1,871/mo, and annual cash flow totals $2,423/yr on $92,157 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 8.08% against a $278,000 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation compiles into $76,806 by year five. Five-year ROI reaches 116.68% and total cumulative return in cash sums $107,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,871/mo property income covering a $1,361/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.52 Acres lot
$N/A/sqft
No 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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