99 Charing RdSyracuseNY13214
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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
Rental property for sale in Syracuse at 99 Charing Rd, Syracuse, NY, 13214 priced at $449,900 converts $3,000/mo rent into after a $2,202/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 19.87% in year one, and rental yield reads 8% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 103.3% and total cumulative return in cash sums $154,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13214, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,279 (100%) |
| Owner Occupied HU | 2,122 (64.7%) |
| Renter Occupied HU | 937 (28.6%) |
| Vacant Housing Units | 220 ( 6.7%) |
| Median Home Value | $236,224 |
| Average Home Value | $339,109 |
Housing Distribution
Address Breakdown
Residential
3,233
Single Family
2,573
Multi-Family
660
Businesses
462
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