4989 Long Acre DrSyracuseNY13215
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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
Rental property for sale in Syracuse at 4989 Long Acre Dr, Syracuse, NY, 13215 generates $2,595/mo in rent and, after a $1,419/mo payment, leaves $659/mo in cash flow. Total monthly income is $2,595/mo, and annual cash flow is $7,908/yr on $96,102 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.74% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 147.67% and total cumulative return in cash sums $141,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,595/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13215, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,082 (100%) |
| Owner Occupied HU | 4,551 (74.8%) |
| Renter Occupied HU | 1,248 (20.5%) |
| Vacant Housing Units | 283 ( 4.7%) |
| Median Home Value | $298,418 |
| Average Home Value | $318,011 |
Housing Distribution
Address Breakdown
Residential
5,796
Single Family
5,401
Multi-Family
395
Businesses
196
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