407 Graves StSyracuseNY13203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 407 Graves St, Syracuse, NY, 13203 in Syracuse speaks for itself: 15.61% gross on a $110,000 price, generating $1,431/mo in rent and $696/mo in net income after the $495/mo debt service. DSCR 2.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,357 stacks alongside $30,391 in projected five-year appreciation and $1,013/yr in principal reduction. Projected total cumulative return: $86,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 7.2% |
| Monthly Cash Flow | $696 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,431 |
| Total Monthly Debt Service | $691 |
| DSCR Ratio | 2.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
6,651 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13203, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,754 (100%) |
| Owner Occupied HU | 1,925 (22.0%) |
| Renter Occupied HU | 5,642 (64.5%) |
| Vacant Housing Units | 1,187 (13.6%) |
| Median Home Value | $201,647 |
| Average Home Value | $270,826 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
4,695
Multi-Family
2,741
Businesses
426
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
Multi Family
Built in 1910
6,651 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13203, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,754 (100%) |
| Owner Occupied HU | 1,925 (22.0%) |
| Renter Occupied HU | 5,642 (64.5%) |
| Vacant Housing Units | 1,187 (13.6%) |
| Median Home Value | $201,647 |
| Average Home Value | $270,826 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
4,695
Multi-Family
2,741
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices