600 W Onondaga StSyracuseNY13204
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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 600 W Onondaga St, Syracuse, NY, 13204 priced at $304,400 converts $2,399/mo rent into $366/mo cash flow after a $1,490/mo obligation. Total monthly income equals $2,399/mo, and annual cash flow totals $4,394/yr on $100,909 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.46% against a $304,400 entry. Equity gained on principal adds $1,964/yr, while 5% annual appreciation compiles into $84,100 by year five. Five-year ROI reaches 126.88% and total cumulative return in cash sums $128,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,399/mo property income covering a $1,490/mo payment, not borrower’s personal income.
Multi Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13204, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 2,222 (21.8%) |
| Renter Occupied HU | 6,572 (64.3%) |
| Vacant Housing Units | 1,420 (13.9%) |
| Median Home Value | $113,740 |
| Average Home Value | $193,630 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
7,023
Multi-Family
1,747
Businesses
1,028
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