331 Frederick St EEast SyracuseNY13057
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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 East Syracuse at 331 Frederick St E, East Syracuse, NY, 13057 at $224,900 posts ROI 20.68% with $48/mo cash flow from $1,550/mo rent. Total monthly income equals $1,550/mo, and annual cash flow records $575/yr on $74,554 to close. Return on cash invested measures 20.68% and rental yield reads 8.27% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 107.62% and total cumulative return in cash totals $80,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Briana Payne • Real Broker NY LLC
Mls Name: NYSAMLSs
Mls ID: #S1634001