120 Cottage St #BAuburnNY13021
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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
Investment property for sale in Auburn at 120 Cottage St #B, Auburn, NY, 13021 with 5% annual appreciation on a $144,900 basis while $1,162/mo rent supports operations. Total monthly income totals $1,162/mo and a $709/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,335/yr on $48,034 deployed, and return on cash invested reaches 24.77% in year one. Equity gained on principal adds $935/yr, and five-year appreciation sums $40,033 alongside rental yield of 9.62%. Five-year ROI measures 129.58% and total cumulative return in cash totals $62,245.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,162/mo property income versus a $709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2023
8,921 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13021, Auburn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,107 (100%) |
| Owner Occupied HU | 10,199 (53.4%) |
| Renter Occupied HU | 6,739 (35.3%) |
| Vacant Housing Units | 2,169 (11.4%) |
| Median Home Value | $202,831 |
| Average Home Value | $291,631 |
Housing Distribution
Address Breakdown
Residential
17,039
Single Family
15,209
Multi-Family
1,830
Businesses
1,330
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