186 Hillcrest RdElmiraNY14903
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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
Total monthly income runs $3,623/mo, and a $6,852/mo payment. Purchase price stands at $1,400,000, and rental yield measures 3.11% with $3,623/mo rent. Return on cash invested shows 5.22% in year one, and 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 24.65% and total cumulative return in cash records $111,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,623/mo property income covering a $6,852/mo payment rather than investor’s personal income.
Single Family
Built in 1999
6.01 Acres 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
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