0 Jolley Way, Corning, NY, 14830 | 6.35% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,305/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 6.35% with $3,305/mo rent. Return on cash invested shows 14.99% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 77.09% and total cumulative return in cash records $158,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,305/mo property income covering a $3,059/mo payment rather than investor’s personal income.

Single Family

Built in 2023

5.97 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 14830, Corning, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,530 (100%)
Owner Occupied HU	5,416 (56.8%)
Renter Occupied HU	3,111 (32.6%)
Vacant Housing Units	1,003 (10.5%)
Median Home Value	$195,235
Average Home Value	$226,330