119 Verona StElmira HeightsNY14903
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 Elmira Heights at 119 Verona St, Elmira Heights, NY, 14903 earns $514/mo cash flow from $1,582/mo rent with a $783/mo payment. Total monthly income totals $1,582/mo, and annual cash flow totals $6,164/yr on $53,040 capital. ROI tracks 31.53% on current figures, and rental yield reads 11.87% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 165.82% and total cumulative return in cash sums $87,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,582/mo property income instead of your personal income.
Single Family
Built in 1925
5,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14903, Elmira, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,520 (100%) |
| Owner Occupied HU | 2,066 (58.7%) |
| Renter Occupied HU | 1,201 (34.1%) |
| Vacant Housing Units | 253 ( 7.2%) |
| Median Home Value | $152,714 |
| Average Home Value | $219,673 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,138
Multi-Family
187
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aleah Sexton • Howard Hanna Horseheads
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1606503