377 W Onondaga St #306SyracuseNY13202
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
Investment Highlights
Investment property for sale in Syracuse at 377 W Onondaga St #306, Syracuse, NY, 13202 uses $33,150 cash to close to unlock $1,172/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $765/mo, and a $489/mo payment keeps the spread at $98/mo. Purchase price stands at $100,000, and rental yield measures 9.18% with $765/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash records $40,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $765/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 1927
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13202, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 135 ( 3.3%) |
| Renter Occupied HU | 3,269 (79.9%) |
| Vacant Housing Units | 689 (16.8%) |
| Median Home Value | $196,875 |
| Average Home Value | $287,016 |
Housing Distribution
Address Breakdown
Residential
3,803
Single Family
1,887
Multi-Family
1,916
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices