147 Field StCorningNY14830
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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 Corning at 147 Field St, Corning, NY, 14830 at $249,500 posts ROI 31.27% with $783/mo cash flow from $2,449/mo rent. Total monthly income equals $2,449/mo, and annual cash flow records $9,397/yr on $82,709 to close. Return on cash invested measures 31.27% and rental yield reads 11.78% at the current $249,500. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,932 by year five. Five-year ROI prints 164.45% and total cumulative return in cash totals $136,017.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,449/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
8,398 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
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