16 Delevan StAuburnNY13021
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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 Auburn at 16 Delevan St, Auburn, NY, 13021 priced at $124,900 pairs $2,038/mo rent with $1,204/mo cash flow after a $611/mo payment. Total monthly income equals $2,038/mo, and annual cash flow comes to $14,451/yr on $41,404 invested. Return on cash invested is 54.81% in year one, and rental yield stands at 19.58% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 290.75% and total cumulative return in cash reaches $120,382. For financing, Ziffy Mortgage’s DSCR program evaluates $2,038/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
4,639 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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