404 Griffiths StSyracuseNY13208
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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 404 Griffiths St, Syracuse, NY, 13208 uses $43,062 cash to close to unlock $1,996/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,034/mo, and a $636/mo payment keeps the spread at $166/mo. Purchase price stands at $129,900, and rental yield measures 9.55% with $1,034/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 128.43% and total cumulative return in cash records $55,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,034/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13208, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,101 (100%) |
| Owner Occupied HU | 3,684 (36.5%) |
| Renter Occupied HU | 5,202 (51.5%) |
| Vacant Housing Units | 1,215 (12.0%) |
| Median Home Value | $115,472 |
| Average Home Value | $182,372 |
Housing Distribution
Address Breakdown
Residential
8,681
Single Family
7,711
Multi-Family
970
Businesses
563
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