5 Wyncrest DrEast SyracuseNY13057
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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 East Syracuse at 5 Wyncrest Dr, East Syracuse, NY, 13057 priced at $189,900 converts $1,346/mo rent into $78/mo cash flow after a $929/mo obligation. Total monthly income equals $1,346/mo, and annual cash flow totals $940/yr on $62,952 invested. Return on cash invested prints 21.4% in year one, and rental yield reads 8.51% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 111.54% and total cumulative return in cash sums $70,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,346/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Steven Carroll • Oak Tree Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1627571