3597 Koenig Point DrAuburnNY13021
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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 3597 Koenig Point Dr, Auburn, NY, 13021 uses $69,615 cash to close to unlock $7,650/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,028/mo payment keeps the spread at $638/mo. Purchase price stands at $210,000, and rental yield measures 11.66% with $2,040/mo rent. Return on cash invested shows 30.9% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 162.44% and total cumulative return in cash records $113,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1950
9,143 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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