312 S Orchard RdSyracuseNY13219
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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 312 S Orchard Rd, Syracuse, NY, 13219 priced at $320,000 converts $2,846/mo rent into $709/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,846/mo, and annual cash flow totals $8,512/yr on $106,080 invested. Return on cash invested prints 27.93% in year one, and rental yield reads 10.67% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 146.54% and total cumulative return in cash sums $155,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,846/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13219, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 5,342 (81.6%) |
| Renter Occupied HU | 956 (14.6%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $191,589 |
| Average Home Value | $255,409 |
Housing Distribution
Address Breakdown
Residential
6,849
Single Family
6,135
Multi-Family
714
Businesses
345
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