505 David DrNorth SyracuseNY13212
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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 North Syracuse at 505 David Dr, North Syracuse, NY, 13212 at $419,000 posts ROI 24.99% with $588/mo cash flow from $3,386/mo rent. Total monthly income equals $3,386/mo, and annual cash flow records $7,053/yr on $138,899 to close. Return on cash invested measures 24.99% and rental yield reads 9.7% at the current $419,000. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 by year five. Five-year ROI prints 130.72% and total cumulative return in cash totals $181,565.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,386/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.29 Acres 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: David A. Daino • Daino Real Estate, Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1593618
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