29 Valley View DrElmiraNY14903
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 Elmira at 29 Valley View Dr, Elmira, NY, 14903 uses $122,091 cash to close to unlock $20,906/yr annual cash flow and $1,742/mo monthly cash flow. Total monthly income runs $4,202/mo, and a $1,803/mo payment keeps the spread at $1,742/mo. Purchase price stands at $368,300, and rental yield measures 13.69% with $4,202/mo rent. Return on cash invested shows 37.03% in year one, and 5% annual appreciation builds toward $101,755 over five years. Five-year ROI reaches 195.33% and total cumulative return in cash records $238,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,202/mo property income covering a $1,803/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices