307 Farmer StSyracuseNY13203
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 307 Farmer St, Syracuse, NY, 13203 priced at $374,900 pairs $2,878/mo rent with $374/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,878/mo, and annual cash flow comes to $4,493/yr on $124,279 invested. Return on cash invested is 23.52% in year one, and rental yield stands at 9.21% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 122.89% and total cumulative return in cash reaches $152,731. For financing, Ziffy Mortgage’s DSCR program evaluates $2,878/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13203, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,754 (100%) |
| Owner Occupied HU | 1,925 (22.0%) |
| Renter Occupied HU | 5,642 (64.5%) |
| Vacant Housing Units | 1,187 (13.6%) |
| Median Home Value | $201,647 |
| Average Home Value | $270,826 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
4,695
Multi-Family
2,741
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices