8 Spring 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
Investment property for sale in Auburn at 8 Spring St, Auburn, NY, 13021 earns $435/mo cash flow from $1,270/mo rent with a $612/mo payment. Total monthly income totals $1,270/mo, and annual cash flow totals $5,221/yr on $41,438 capital. ROI tracks 32.51% on current figures, and rental yield reads 12.19% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 171.13% and total cumulative return in cash sums $70,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,270/mo property income instead of your personal income.
Multi Family
Built in 1890
5,196 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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