Summary
📍 Address: 103 McCormick Avenue, Syracuse, NY 13202
🛏️ 2 Bed | 1 Bath
💸 Deal Overview:
💰 Purchase Price: Only $20,000!
💵 Long-Term Rent: $1,075.00
🏘️ Section 8 Rents: $1,321.00 (Potential for higher rent!)
🔥 Why This Deal is a Steal:
- 💲 Cash Flow: Lock in steady rent at $1,075, or bump it up to $1,321 with Section 8—either way, you're winning!
- 💼 High Cash-on-Cash Return: Minimal investment for maximized returns.
- 📈 Great Rental Opportunity: In a solid market with room for rent increases to fair market rent of $1,126.
- 🔑 Squatters in Place: Likely to accept cash for keys, making this a smooth transition to rental income!
💼 Investment Highlights:
- Hold for Long-Term Cash Flow: Perfect for those looking for passive income with strong rent potential!
- Section 8: Get guaranteed rent with Section 8 tenants and boost your monthly income to $1,321!
- Low Entry Fee: $20,000 is all it takes to get started in this Syracuse market.
Don’t miss out on this high-return investment opportunity! Whether you’re looking to build your portfolio or start earning passive income, this deal is perfect for you!
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold