31 Pond Brook DrElmaNY14059
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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 Elma at 31 Pond Brook Dr, Elma, NY, 14059 uses $96,102 cash to close to unlock $1,932/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $2,337/mo, and a $1,419/mo payment keeps the spread at $161/mo. Purchase price stands at $289,900, and rental yield measures 9.67% with $2,337/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.4% and total cumulative return in cash records $110,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,337/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1992
1,742 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14059, Elma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 3,420 (83.5%) |
| Renter Occupied HU | 469 (11.4%) |
| Vacant Housing Units | 208 ( 5.1%) |
| Median Home Value | $408,712 |
| Average Home Value | $462,518 |
Housing Distribution
Address Breakdown
Residential
3,883
Single Family
3,763
Multi-Family
120
Businesses
338
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