407 Graves StSyracuseNY13203
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
Rental property for sale in Syracuse at 407 Graves St, Syracuse, NY, 13203 priced at $110,000 converts $1,431/mo rent into $697/mo cash flow after a $538/mo obligation. Total monthly income equals $1,431/mo, and annual cash flow totals $8,362/yr on $36,465 invested. Return on cash invested prints 42.84% in year one, and rental yield reads 15.61% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 226.47% and total cumulative return in cash sums $82,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,431/mo property income covering a $538/mo payment, not borrower’s personal income.
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