424 Ontario AveSyracuseNY13209
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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 424 Ontario Ave, Syracuse, NY, 13209 earns $144/mo cash flow from $2,414/mo rent with a $1,664/mo payment. Total monthly income totals $2,414/mo, and annual cash flow totals $1,724/yr on $112,710 capital. ROI tracks 21.44% on current figures, and rental yield reads 8.52% at a $339,999 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,935 over five years. Five-year ROI reaches 111.68% and total cumulative return in cash sums $125,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,414/mo property income instead of your personal income.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13209, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,138 (100%) |
| Owner Occupied HU | 3,887 (63.3%) |
| Renter Occupied HU | 1,844 (30.0%) |
| Vacant Housing Units | 407 ( 6.6%) |
| Median Home Value | $177,352 |
| Average Home Value | $238,896 |
Housing Distribution
Address Breakdown
Residential
5,890
Single Family
5,227
Multi-Family
663
Businesses
460
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