298 Sly AveCorningNY14830
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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 298 Sly Ave, Corning, NY, 14830 at $108,500 posts ROI 30.57% with $320/mo cash flow from $1,044/mo rent. Total monthly income equals $1,044/mo, and annual cash flow records $3,834/yr on $35,968 to close. Return on cash invested measures 30.57% and rental yield reads 11.55% at the current $108,500. Equity gained on principal adds $700/yr, and 5% annual appreciation supports $29,977 by year five. Five-year ROI prints 160.73% and total cumulative return in cash totals $57,813.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,044/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A 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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