3281 Milton AveSyracuseNY13219
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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 3281 Milton Ave, Syracuse, NY, 13219 uses $54,570 cash to close to unlock $12,713/yr annual cash flow and $1,059/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $806/mo payment keeps the spread at $1,059/mo. Purchase price stands at $164,615, and rental yield measures 15.74% with $2,159/mo rent. Return on cash invested shows 43.21% in year one, and 5% annual appreciation builds toward $45,480 over five years. Five-year ROI reaches 228.5% and total cumulative return in cash records $124,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $806/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.30 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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