215 Home StElmiraNY14904
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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 Elmira at 215 Home St, Elmira, NY, 14904 at $109,900 posts ROI 51.5% with $959/mo cash flow from $1,693/mo rent. Total monthly income equals $1,693/mo, and annual cash flow records $11,508/yr on $36,432 to close. Return on cash invested measures 51.5% and rental yield reads 18.49% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 273.04% and total cumulative return in cash totals $99,472.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
3,253 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14904, Elmira, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,413 (100%) |
| Owner Occupied HU | 3,759 (50.7%) |
| Renter Occupied HU | 2,813 (37.9%) |
| Vacant Housing Units | 841 (11.3%) |
| Median Home Value | $89,090 |
| Average Home Value | $123,986 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
6,333
Multi-Family
284
Businesses
274
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