402 2nd StSyracuseNY13209
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 402 2nd St, Syracuse, NY, 13209 at $150,000 posts ROI 23.23% with $138/mo cash flow from $1,139/mo rent. Total monthly income equals $1,139/mo, and annual cash flow records $1,650/yr on $49,725 to close. Return on cash invested measures 23.23% and rental yield reads 9.11% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 121.33% and total cumulative return in cash totals $60,330.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,139/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13209, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,138 (100%) |
| Owner Occupied HU | 3,887 (63.3%) |
| Renter Occupied HU | 1,844 (30.0%) |
| Vacant Housing Units | 407 ( 6.6%) |
| Median Home Value | $177,352 |
| Average Home Value | $238,896 |
Housing Distribution
Address Breakdown
Residential
5,890
Single Family
5,227
Multi-Family
663
Businesses
460
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Nearby investment properties with comparable prices
Listed by: Valerie Ann Morris • Adolfi Real Estate, Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1584131
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