275 Neason RdChemungNY14825
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 Chemung at 275 Neason Rd, Chemung, NY, 14825 at $1,295,000 posts ROI 8.08% with from $4,349/mo rent. Total monthly income equals $4,349/mo. Return on cash invested measures 8.08% and rental yield reads 4.03% at the current $1,295,000. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 by year five. Five-year ROI prints 39.95% and total cumulative return in cash totals $167,622. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,349/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
183.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14825, Chemung, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 220 (73.1%) |
| Renter Occupied HU | 48 (15.9%) |
| Vacant Housing Units | 33 (11.0%) |
| Median Home Value | $172,368 |
| Average Home Value | $203,352 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices
Listed by: Heather Kent • Whitetail Properties Real Estate LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1619178
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