804 N Harrison StSyracuseIN46567
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
Rental property for sale in Syracuse at 804 N Harrison St, Syracuse, IN, 46567 priced at $234,900 converts $1,955/mo rent into $545/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,955/mo, and annual cash flow totals $6,536/yr on $77,869 invested. Return on cash invested prints 28.3% in year one, and rental yield reads 9.99% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 147.61% and total cumulative return in cash sums $114,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,955/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices