309 E North Kitson LnSyracuseIN46567
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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 Syracuse at 309 E North Kitson Ln, Syracuse, IN, 46567 listed at $629,000 pairs $2,194/mo rent with a $3,079/mo payment. Total monthly income runs $2,194/mo. Return on cash invested measures 10.89% in year one, and rental yield registers 4.19% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 54.18% and total cumulative return in cash totals $112,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,194/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
3,920 sqft 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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