301 Boston StSyracuseNY13206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 301 Boston St, Syracuse, NY, 13206 offers $2,222/mo rent that, after a $1,346/mo payment, leaves $386/mo cash flow. Total monthly income is $2,222/mo, and annual cash flow is $4,627/yr on $91,163 cash. Return on cash invested measures 24.98% in year one, and rental yield stands at 9.7% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 130.72% and total cumulative return in cash reaches $119,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,222/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13206, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 3,838 (46.1%) |
| Renter Occupied HU | 3,859 (46.4%) |
| Vacant Housing Units | 623 ( 7.5%) |
| Median Home Value | $153,136 |
| Average Home Value | $192,727 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
6,463
Multi-Family
1,580
Businesses
809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices