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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 814 Ackerman Ave, Syracuse, NY, 13210 priced at $360,000 pairs $2,784/mo rent with $380/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,784/mo, and annual cash flow comes to $4,560/yr on $119,340 invested. Return on cash invested is 23.73% in year one, and rental yield stands at 9.28% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 123.96% and total cumulative return in cash reaches $147,933. For financing, Ziffy Mortgage’s DSCR program evaluates $2,784/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
5,401 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $360,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1920
- Architectural Style: N/A
- Building Area: 2,702
- Living Area: 2,702 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Gas, Forced Air
- Cooling: N/A
- Flooring: Hardwood, Resilient, Varies
- Interior Features: Natural Woodwork
- Exterior Features: N/A
- Parking Features: Two or More Spaces
Location
- City: Syracuse
- Subdivision: N/A
- Lot Size: 5,401 sqft
- Lot Features: Near Public Transit, Rectangular, Residential Lot
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Connected, Water Connected
- Sewer: Connected
- Water Source: Connected, Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Daniel Murphy • University Hill Realty Ltd
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1592740
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