319 Webber PlElmiraNY14901
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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 Elmira at 319 Webber Pl, Elmira, NY, 14901 listed at $149,000 pairs $1,804/mo rent with a $729/mo payment to leave $809/mo cash flow. Total monthly income runs $1,804/mo, and annual cash flow reaches $9,711/yr on $49,394 cash to close. Return on cash invested measures 39.57% in year one, and rental yield registers 14.53% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 208.97% and total cumulative return in cash totals $103,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,804/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
5,797 sqft 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
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