290 Stiles RdElmiraNY14901
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 290 Stiles Rd, Elmira, NY, 14901 earns $1,993/mo cash flow from $4,831/mo rent with a $2,080/mo payment. Total monthly income totals $4,831/mo, and annual cash flow totals $23,919/yr on $140,854 capital. ROI tracks 36.89% on current figures, and rental yield reads 13.64% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 194.57% and total cumulative return in cash sums $274,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,831/mo property income instead of your personal income.
Single Family
Built in N/A
15.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14901, Elmira, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,978 (100%) |
| Owner Occupied HU | 2,654 (38.0%) |
| Renter Occupied HU | 3,262 (46.7%) |
| Vacant Housing Units | 1,062 (15.2%) |
| Median Home Value | $99,658 |
| Average Home Value | $144,765 |
Housing Distribution
Address Breakdown
Residential
5,729
Single Family
5,193
Multi-Family
536
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Michael Searfoss • Smart Focus Realty
Mls Name: ECMLS
Mls Provider:
Mls ID: #276239
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.