324 Mildred AveSyracuseNY13206
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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 324 Mildred Ave, Syracuse, NY, 13206 offers $1,892/mo rent that, after a $781/mo payment, leaves $827/mo cash flow. Total monthly income is $1,892/mo, and annual cash flow is $9,919/yr on $52,874 cash. Return on cash invested measures 38.67% in year one, and rental yield stands at 14.23% at a $159,500 entry. Equity gained on principal adds $1,029/yr while 5% annual appreciation compounds into $44,067 by year five. Five-year ROI records 204.12% and total cumulative return in cash reaches $107,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,892/mo property income versus a $781/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
230.87 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13206, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 3,838 (46.1%) |
| Renter Occupied HU | 3,859 (46.4%) |
| Vacant Housing Units | 623 ( 7.5%) |
| Median Home Value | $153,136 |
| Average Home Value | $192,727 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
6,463
Multi-Family
1,580
Businesses
809
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