514 Highland StSyracuseNY13203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 514 Highland St, Syracuse, NY, 13203 at $249,900 posts ROI 31.1% with $772/mo cash flow from $2,441/mo rent. Total monthly income equals $2,441/mo, and annual cash flow records $9,268/yr on $82,842 to close. Return on cash invested measures 31.1% and rental yield reads 11.72% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 163.5% and total cumulative return in cash totals $135,446.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,441/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13203, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,754 (100%) |
| Owner Occupied HU | 1,925 (22.0%) |
| Renter Occupied HU | 5,642 (64.5%) |
| Vacant Housing Units | 1,187 (13.6%) |
| Median Home Value | $201,647 |
| Average Home Value | $270,826 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
4,695
Multi-Family
2,741
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices