421 Fergerson AveNorth SyracuseNY13212
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 North Syracuse at 421 Fergerson Ave, North Syracuse, NY, 13212 priced at $189,900 pairs $2,222/mo rent with $954/mo cash flow after a $929/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $11,452/yr on $62,952 invested. Return on cash invested is 38.1% in year one, and rental yield stands at 14.04% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 201.09% and total cumulative return in cash reaches $126,593. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13212, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,211 (100%) |
| Owner Occupied HU | 6,277 (68.1%) |
| Renter Occupied HU | 2,534 (27.5%) |
| Vacant Housing Units | 400 ( 4.3%) |
| Median Home Value | $168,177 |
| Average Home Value | $216,625 |
Housing Distribution
Address Breakdown
Residential
9,220
Single Family
7,787
Multi-Family
1,433
Businesses
727
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Listed by: Kathryn MacDonald • Oak Tree Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1649832