603 Arthur StSyracuseNY13205
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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 603 Arthur St, Syracuse, NY, 13205 offers a 9.41% rental yield on a $109,900 purchase with $862/mo rent. Total monthly income registers $862/mo, and a $538/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,536/yr on $36,432 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 126.23% and total cumulative return in cash at $45,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $862/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13205, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,207 (100%) |
| Owner Occupied HU | 2,970 (36.2%) |
| Renter Occupied HU | 4,267 (52.0%) |
| Vacant Housing Units | 970 (11.8%) |
| Median Home Value | $112,087 |
| Average Home Value | $254,008 |
Housing Distribution
Address Breakdown
Residential
7,719
Single Family
5,571
Multi-Family
2,148
Businesses
429
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