312 Emerson AveSyracuseNY13204
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Syracuse rental at 312 Emerson Ave, Syracuse, NY, 13204 sits in the solid-income band: 9.08% gross yield, $1,800/mo rent, $211/mo net after the $1,070/mo debt service, DSCR 1.68. Entry price of $238,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $65,755 and $2,192/yr in principal reduction bring total cumulative return to $104,349.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $211 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,495 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13204, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 2,222 (21.8%) |
| Renter Occupied HU | 6,572 (64.3%) |
| Vacant Housing Units | 1,420 (13.9%) |
| Median Home Value | $113,740 |
| Average Home Value | $193,630 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
7,023
Multi-Family
1,747
Businesses
1,028
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
Multi Family
Built in 1920
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13204, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 2,222 (21.8%) |
| Renter Occupied HU | 6,572 (64.3%) |
| Vacant Housing Units | 1,420 (13.9%) |
| Median Home Value | $113,740 |
| Average Home Value | $193,630 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
7,023
Multi-Family
1,747
Businesses
1,028
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices