413 Richfield BlvdSyracuseNY13211
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 413 Richfield Blvd, Syracuse, NY, 13211 in Syracuse deserves attention. This $151,590 property earns $2,918/mo in rent, a 23.1% gross yield, and nets $1,906/mo after the $682/mo payment. DSCR 4.28 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $41,882 compounds alongside $1,396/yr in yearly equity build, for a total cumulative return of $180,422.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.1% | 7.2% |
| Monthly Cash Flow | $1,906 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,918 |
| Total Monthly Debt Service | $952 |
| DSCR Ratio | 3.07x |
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.
Single Family
Built in 1940
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13211, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,835 (64.6%) |
| Renter Occupied HU | 802 (28.2%) |
| Vacant Housing Units | 204 ( 7.2%) |
| Median Home Value | $118,818 |
| Average Home Value | $169,358 |
Housing Distribution
Address Breakdown
Residential
2,751
Single Family
2,425
Multi-Family
326
Businesses
342
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
Single Family
Built in 1940
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13211, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,835 (64.6%) |
| Renter Occupied HU | 802 (28.2%) |
| Vacant Housing Units | 204 ( 7.2%) |
| Median Home Value | $118,818 |
| Average Home Value | $169,358 |
Housing Distribution
Address Breakdown
Residential
2,751
Single Family
2,425
Multi-Family
326
Businesses
342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices