9020 N 500 ESyracuseIN46567
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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 9020 N 500 E, Syracuse, IN, 46567 earns $682/mo cash flow from $2,809/mo rent with a $1,734/mo payment. Total monthly income totals $2,809/mo, and annual cash flow totals $8,189/yr on $117,417 capital. ROI tracks 26.88% on current figures, and rental yield reads 9.52% at a $354,200 purchase. Equity gained on principal adds $2,286/yr, and 5% annual appreciation supports $97,859 over five years. Five-year ROI reaches 140% and total cumulative return in cash sums $164,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,809/mo property income instead of your personal income.
Single Family
Built in 1946
7 Acres 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
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Listed by: Jay Robert Mayden • Kraft Real Estate Auctions LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522975
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.