2309 Hillside DrCorningNY14830
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 Corning at 2309 Hillside Dr, Corning, NY, 14830 at $355,000 posts ROI 30.81% with $1,069/mo cash flow from $3,440/mo rent. Total monthly income equals $3,440/mo, and annual cash flow records $12,827/yr on $117,683 to close. Return on cash invested measures 30.81% and rental yield reads 11.63% at the current $355,000. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 161.92% and total cumulative return in cash totals $190,548.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.43 Acres 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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Listed by: Wendy R. Winnett • Warren Real Estate-Corning
Mls Name: ECMLS
Mls Provider:
Mls ID: #277935
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.