509 Bronson RdSyracuseNY13219
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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 509 Bronson Rd, Syracuse, NY, 13219 uses $62,952 cash to close to unlock $7,480/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $1,891/mo, and a $929/mo payment keeps the spread at $623/mo. Purchase price stands at $189,900, and rental yield measures 11.95% with $1,891/mo rent. Return on cash invested shows 31.79% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 167.26% and total cumulative return in cash records $105,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,891/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13219, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 5,342 (81.6%) |
| Renter Occupied HU | 956 (14.6%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $191,589 |
| Average Home Value | $255,409 |
Housing Distribution
Address Breakdown
Residential
6,849
Single Family
6,135
Multi-Family
714
Businesses
345
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