229 Decatur 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 229 Decatur St, Corning, NY, 14830 at $115,000 posts ROI 33.03% with $417/mo cash flow from $1,185/mo rent. Total monthly income equals $1,185/mo, and annual cash flow records $5,003/yr on $38,123 to close. Return on cash invested measures 33.03% and rental yield reads 12.37% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 173.84% and total cumulative return in cash totals $66,273.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,185/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1897
7,501 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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