917 Madison StSyracuseNY13210
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 917 Madison St, Syracuse, NY, 13210 in Syracuse: $1,726/mo in rent, $210/mo in net income, 9.12% gross yield, 1.69 DSCR, all at $227,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $62,716 in appreciation and $2,091/yr in principal paydown projects total cumulative return of $100,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $210 | $450 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,726 |
| Total Monthly Debt Service | $1,426 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1940
1.56 Acres lot
$N/A/sqft
No 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
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
Condo
Built in 1940
1.56 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices