308 Brown AveSyracuseNY13211
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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 308 Brown Ave, Syracuse, NY, 13211 generates $1,537/mo in rent and, after a $1,076/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,537/mo, and annual cash flow is $826/yr on $72,897 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 8.39% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 109.56% and total cumulative return in cash sums $79,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,537/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13211, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,835 (64.6%) |
| Renter Occupied HU | 802 (28.2%) |
| Vacant Housing Units | 204 ( 7.2%) |
| Median Home Value | $118,818 |
| Average Home Value | $169,358 |
Housing Distribution
Address Breakdown
Residential
2,751
Single Family
2,425
Multi-Family
326
Businesses
342
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