7 Nursery LnSyracuseNY13210
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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 7 Nursery Ln, Syracuse, NY, 13210 with 5% annual appreciation on a $315,000 basis while $2,653/mo rent supports operations. Total monthly income totals $2,653/mo and a $1,542/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,991/yr on $104,423 deployed, and return on cash invested reaches 22.77% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 10.11%. Five-year ROI measures 120.12% and total cumulative return in cash totals $125,429.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,653/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1990
2,225 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13210, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 2,040 (19.2%) |
| Renter Occupied HU | 7,519 (70.7%) |
| Vacant Housing Units | 1,081 (10.2%) |
| Median Home Value | $202,045 |
| Average Home Value | $228,177 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
6,174
Multi-Family
3,344
Businesses
578
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Listed by: Edward Glassberg • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1546775
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