309 Bryant Ave · Syracuse, NY 13204

$204,900

3 bd · 2.0 ba · 1,641 sqft · SingleFamily public records · 6 Days on market

Built 1905 3,795 sqft lot Est $222k · 8% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.8/30.0
• ARV discount +10.9/15.0
• Appreciation +10.0/10.0
• DSCR +6.6/10.0
• 1% rule +4.6/10.0
• Rent growth +4.6/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

GREAT INVESTMENT PROPERTY, TENANTS SIGNED ON UNTIL JUNE 30,2023. GREAT LOCATION IN TIPPERARY HILL. CLOSE TO SHOPPING, ENTERTAINMENT, PARKS AND MUCH MORE. SO MUCH CHARACTER IN THIS HOME! BEAUTIFUL HARDWOODS THROUGHOUT. YOU'LL LOVE THE BUTLER PANTRY OFF THE KITCHEN. LARGE LIVING ROOM AND DINING ROOM, 3 GOOD SIZED BEDROOMS AND 2 FULL BATH. ATTIC HAS TONS OF STORAGE. FRONT PORCH IS A BONUS! DON'T WAIT ON THIS ONE!

Key facts

• Back yard
• Formal dining room
• Eat in kitchen

Tags

• ENTRY HALL
• LARGE LIVING ROOM
• EAT IN KITCHEN
• WALK IN PANTRY
• FORMAL DINING ROOM
• BACK YARD

Property features AI

Exterior

• Parking: No garage; No driveway
• Utilities: Cable available; High-speed internet available; Sewer connected; Public water connected; Circuit breaker electric
• Home design: 2 stories; Existing construction
• Construction: Wood siding; Copper plumbing; Block foundation
• Exterior features: Deck; Covered porch; Porch; Near public transit; Rectangular residential lot; City street frontage

Interior

• Kitchen: Gas oven; Gas range; Refrigerator; Walk-in pantry; Eat-in kitchen
• Bedrooms: Total rooms: 9
• Flooring: Hardwood; Laminate; Varies
• Bathrooms: 2 full bathrooms; 1 main-level bathroom
• Heating & cooling: Gas forced air heating
• Interior features: Separate/formal dining room; Entrance foyer; Eat-in kitchen; Separate/formal living room; Sliding glass door(s); Walk-in pantry; Natural woodwork; Sliding doors
• Laundry & utility: Laundry in basement; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $280 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (3.5% below list).
• Recommended offer: $198k (3.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 77/100 on livability (#187 in NY, #2,869 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D+, crime F, employment D-.
• Syracuse City School District (urban): math 18% / reading 26% proficiency, ranked #590 of 590 in NY (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+8.2%/yr); 119 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 616 units permitted in Onondaga County in 2024 (256 in 5+ unit buildings).
• At $1,977/mo this rent would consume 52% of the median local household income ($45k/yr) (locally 2073% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
• Onondaga County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $57k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $135k; list at $205k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $197,725 (3.5% below list)

Questions for the listing agent

1. Built in 1905 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 7.93%
• Cash-on-cash: 5.86%
• DSCR: 1.26
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $221,535
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
416 Whittier Ave	0.13mi	3/1.0	1,632 (-0%)	8mo	$205,000	$126	82
461 Whittier Ave	0.21mi	3/1.5	1,462 (-11%)	6mo	$175,000	$120	65
513 Whittier Ave	0.25mi	4/2.0 (+1)	1,457 (-11%)	1mo	$202,000	$139	64
703 Schuyler St	0.44mi	3/1.0	1,542 (-6%)	3mo	$217,000	$141	63
413 Fitch St	0.63mi	3/2.0	1,624 (-1%)	9mo	$50,000	$31	62
505 Tompkins St	0.14mi	3/1.0	1,852 (+13%)	9mo	$150,000	$81	61
310 Wilbur	0.25mi	4/2.0 (+1)	1,856 (+13%)	2mo	$250,000	$135	60
136 Bryant Ave	0.20mi	4/1.0 (+1)	1,440 (-12%)	7mo	$220,000	$153	56
557 Tennyson Ave	0.29mi	4/1.5 (+1)	1,427 (-13%)	3mo	$220,000	$154	55
413 Herkimer St	0.72mi	4/2.5 (+1)	1,566 (-5%)	1mo	$260,000	$166	51
214 Montrose Ave	0.70mi	3/2.0	1,722 (+5%)	10mo	$120,000	$70	50
205 Apple St	0.55mi	4/2.0 (+1)	1,885 (+15%)	8mo	$175,000	$93	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 30.4%
• Equity multiple: 3.44×
• Total profit: $139,847
• Equity at exit: $184,590

10-year hold

• IRR: 27.8%
• Equity multiple: 8.38×
• Total profit: $423,565
• Equity at exit: $398,076

Cash invested: $57,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 13204

• Home prices YoY: 31.6%
• Rents YoY: 8.2%
• Active inventory: 119
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,977 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$122 /mo · $1,461/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $280

Break-even live

Break-even rent $1,622

Max offer price $204,900

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,225
• Closing costs: $6,147
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
349 Bryant Ave Syracuse, NY	3.0	1.5	1500	$2,300	$1.53	13d	1	0.07mi
121 Whittier Ave Syracuse, NY	4.0	1.0	1400	$600	$0.43	43d	1	0.23mi
214 Rowland St Syracuse, NY	4.0	1.0	2092	$1,800	$0.86	13d	1	0.80mi
1110 Bellevue Ave Syracuse, NY	3.0	1.0	1449	$1,500	$1.04	43d	1	0.96mi
318 Kellogg St Unit 2 Syracuse, NY	3.0	1.0	1523	$1,675	$1.10	43d	1	0.98mi
318 Kellogg St Unit 1 Syracuse, NY	3.0	1.0	1523	$1,650	$1.08	43d	1	0.98mi
315 Grant Ave #17 Syracuse, NY	3.0	2.0	1477	$1,275	$0.86	13d	1	0.99mi
122 Putnam St Syracuse, NY	3.0	1.0	1064	$2,050	$1.93	21d	1	1.00mi
229 Kellogg St Syracuse, NY	2.0	1.0	2046	$1,300	$0.64	21d	1	1.04mi
326 Holland St Unit 1 Syracuse, NY	3.0	1.0	2100	$1,825	$0.87	43d	1	1.05mi
538 Erie Blvd W Syracuse, NY	2.0	2.0	1110	$2,100	$1.89	21d	1	1.09mi
410 Chemung St Unit 1 Syracuse, NY	3.0	1.0	1100	$1,500	$1.36	13d	1	1.13mi
121 W End Dr Syracuse, NY	3.0	1.5	1082	$1,500	$1.39	13d	1	1.19mi
104 Kincaid Ave Syracuse, NY	4.0	1.0	1910	$1,600	$0.84	13d	1	1.21mi
409 Stolp Ave Syracuse, NY	1.0–3.0	1.0	849	$1,575	$1.86	13d	5	1.21mi
373 Spencer St Unit 303 Syracuse, NY	2.0	1.5	1085	$1,850	$1.71	43d	1	1.37mi
324 W Water St Syracuse, NY	2.0	1.0	1007	$1,975	$1.96	13d	6	1.37mi
324 W Water St Unit 106 Syracuse, NY	2.0	1.0	1436	$2,095	$1.46	21d	1	1.37mi
110 Walton St Unit 301 Syracuse, NY	2.0	2.0	1051	$2,000	$1.90	21d	1	1.47mi
110 Walton St Unit 201 Syracuse, NY	2.0	2.0	1051	$2,200	$2.09	43d	1	1.47mi

Listing history 6 events

1. 2026-06-18
   days on market $204,900 Active 6 DOM
2. 2026-06-17
   days on market $204,900 Active 5 DOM
3. 2026-06-16
   days on market $204,900 Active 4 DOM
4. 2026-06-15
   days on market $204,900 Active 3 DOM
5. 2026-06-13
   remarks 699-char remark
6. 2026-06-13
   listed $204,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $1,461 · $122/mo
• Projected year-2 tax: $2,462 · $205/mo
• Expected delta: +$1,001/yr (+$83/mo · 68.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,727
• − Mortgage interest: −$11,478
• − Property taxes: −$1,461
• − Insurance: −$1,024
• − Repairs & maintenance: −$1,898
• − Management: −$1,898
• − Depreciation: −$5,961
• Taxable income: $7
• Est. tax owed @ 24.0%: −$2
• After-tax cash flow: $3,363/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Syracuse City School District
• NCES district ID: 3628590
• Math proficiency: 18% ▼ -5.00%
• Reading proficiency: 26% ▬ 0.00%
• Median HH income: $32,097
• Composite: 17.83/100
• National rank: #9007
• State rank: #590 of 590 in NY

Livability — Syracuse

• Score: 77/100
• State rank: #187
• US rank: #2869

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Syracuse, NY
• County: Onondaga County · 247,257 people
• City population: 152,627
• Metro: Syracuse, NY
• Population (ZIP): 19,440
• Household income: $45,351
• Rent vs Own: 70.8% rent · 29.2% own
• Severe rent burden: 2073.0

Population outlook (Onondaga County) Hauer SSP2

• Today (2025): 467,894 people
• By 2030: 463,381 · -1.0%
• By 2040: 447,697 · -4.3%
• By 2050: 426,399 · -8.9%
• By 2075: 373,661 · -20.1%
• By 2100: 307,967 · -34.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 47% Black 26% Hispanic / Latino 17% Two or more races 13% Native American 1%
• Hispanic origin (detail): Puerto Rican 12% Cuban 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Subsaharan African 2%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 83% English-only · Spanish 11% Russian/Polish/Slavic 3% Arabic 1%

Political lean MEDSL · Onondaga

• 2024 margin: D (+17.3) · D 58.6% · R 41.4%
• 2008→2024 swing: -3.0pp toward R · 2008: 20.3pp · 2024: 17.3pp
• All cycles: 2024: D+17.3 2020: D+20.6 2016: D+12.8 2012: D+21.1 2008: D+20.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 100.14%
• Current HPI: 416.7272
• Rent YoY: ▲ 8.24%
• Metro: Syracuse, NY
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+168.8% since first listed

24 events — show timeline

• 2026-06-12 Listed $204,900 CNYIS
• 2022-09-23 Sold (Public Records) $135,000 Public Records
• 2022-09-14 Sold (MLS) $135,000 CNYIS
• 2022-08-30 Pending — CNYIS
• 2022-08-25 Sold (MLS) $135,000 CNYIS
• 2022-06-24 Pending — CNYIS
• 2022-06-20 Contingent — CNYIS
• 2022-06-17 Listed $124,900 CNYIS
• 2017-08-11 Sold (Public Records) $64,000 Public Records
• 2017-08-09 Sold (MLS) $61,000 CNYIS
• 2017-04-13 Contingent — CNYIS
• 2017-03-15 Relisted — CNYIS
• 2017-02-28 Contingent — CNYIS
• 2017-02-17 Listed $65,000 CNYIS
• 2016-10-11 Listing Removed — CNYIS
• 2016-09-07 Price Changed $69,900 CNYIS
• 2016-08-19 Price Changed $74,900 CNYIS
• 2016-08-10 Relisted — CNYIS
• 2016-08-03 Pending — CNYIS
• 2016-07-01 Price Changed $79,900 CNYIS
• 2016-06-29 Price Changed $80,900 CNYIS
• 2016-05-28 Price Changed $84,900 CNYIS
• 2016-05-01 Listed $89,900 CNYIS
• 2010-06-30 Sold (Public Records) $76,220 Public Records

Property tax history

+1.3%/yr

Latest (2025): $1,461 · +0.0% YoY. Source: county tax records.