308 McCool AveEast SyracuseNY13057
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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
Investment property for sale in East Syracuse at 308 McCool Ave, East Syracuse, NY, 13057 earns $921/mo cash flow from $2,123/mo rent with a $881/mo payment. Total monthly income totals $2,123/mo, and annual cash flow totals $11,052/yr on $59,670 capital. ROI tracks 38.43% on current figures, and rental yield reads 14.15% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 202.78% and total cumulative return in cash sums $121,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,123/mo property income instead of your personal income.
Multi Family
Built in 1947
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Ann Russo • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls ID: #S1638665