61 E Genesee StAuburnNY13021
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play61 E Genesee St, Auburn, NY, 13021 in Auburn is priced for appreciation, not yield. Rental yield 4.49%. At $450,000 with a 4.49% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $124,327 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.83) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $86,628.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.2% |
| Monthly Cash Flow | $(1,321) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,684 |
| Total Monthly Debt Service | $2,826 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
N/A 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
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
Multi Family
Built in 1900
N/A 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