1104 Elm StMedinaNY14103
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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 Medina at 1104 Elm St, Medina, NY, 14103 uses $35,802 cash to close to unlock $5,669/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $529/mo payment keeps the spread at $472/mo. Purchase price stands at $108,000, and rental yield measures 13.27% with $1,194/mo rent. Return on cash invested shows 35.74% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 188.49% and total cumulative return in cash records $67,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $529/mo payment rather than investor’s personal income.
Multi Family
Built in 1878
8,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14103, Medina, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,904 (100%) |
| Owner Occupied HU | 3,107 (63.4%) |
| Renter Occupied HU | 1,352 (27.6%) |
| Vacant Housing Units | 445 ( 9.1%) |
| Median Home Value | $156,443 |
| Average Home Value | $229,710 |
Housing Distribution
Address Breakdown
Residential
4,431
Single Family
4,116
Multi-Family
315
Businesses
326
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Listed by: George R Pallifrone • Hunt Real Estate ERA/Columbus
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1574624
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