16 Orchard AveAuburnNY13021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Orchard Ave, Auburn, NY, 13021 offers $1,062/mo rent that, after a $660/mo payment, leaves $161/mo cash flow. Total monthly income is $1,062/mo, and annual cash flow is $1,937/yr on $44,719 cash. Return on cash invested measures 24.24% in year one, and rental yield stands at 9.45% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 126.78% and total cumulative return in cash reaches $56,693. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,062/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
4,543 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices