7446 Collamer RdEast SyracuseNY13057
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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 East Syracuse at 7446 Collamer Rd, East Syracuse, NY, 13057 uses $59,670 cash to close to unlock $16,848/yr annual cash flow and $1,404/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $881/mo payment keeps the spread at $1,404/mo. Purchase price stands at $179,999, and rental yield measures 17.37% with $2,606/mo rent. Return on cash invested shows 48.14% in year one, and 5% annual appreciation builds toward $49,730 over five years. Five-year ROI reaches 254.87% and total cumulative return in cash records $152,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1966
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13057, East Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 4,704 (67.9%) |
| Renter Occupied HU | 1,823 (26.3%) |
| Vacant Housing Units | 404 ( 5.8%) |
| Median Home Value | $189,908 |
| Average Home Value | $223,621 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
5,768
Multi-Family
893
Businesses
1,276
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Listed by: Briana Payne • Real Broker NY LLC
Mls Name: NYSAMLSs
Mls ID: #S1616092