112 E 3rd StCorningNY14830
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
Investment Highlights
Investment property for sale in Corning at 112 E 3rd St, Corning, NY, 14830 at $208,000 posts ROI 26.02% with $351/mo cash flow from $1,740/mo rent. Total monthly income equals $1,740/mo, and annual cash flow records $4,213/yr on $68,952 to close. Return on cash invested measures 26.02% and rental yield reads 10.04% at the current $208,000. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,467 by year five. Five-year ROI prints 136.32% and total cumulative return in cash totals $93,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,740/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
10,454 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,713
Single Family
8,188
Multi-Family
525
Businesses
669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel J. Mower • Keller Williams Realty Southern Tier&Finger Lakes
Mls Name: ECMLS
Mls Provider:
Mls ID: #276148
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.