20 Prospect 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 20 Prospect St, Auburn, NY, 13021 priced at $289,000 pairs $4,380/mo rent with $2,450/mo cash flow after a $1,415/mo payment. Total monthly income equals $4,380/mo, and annual cash flow comes to $29,395/yr on $95,804 invested. Return on cash invested is 50.59% in year one, and rental yield stands at 18.19% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 268.03% and total cumulative return in cash reaches $256,778. For financing, Ziffy Mortgage’s DSCR program evaluates $4,380/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
0.45 Acres 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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Listed by: Ruth Harding • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1556751
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