34 School StHornellNY14843
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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 Hornell at 34 School St, Hornell, NY, 14843 at $129,900 posts ROI 34.74% with $532/mo cash flow from $1,400/mo rent. Total monthly income equals $1,400/mo, and annual cash flow records $6,388/yr on $43,062 to close. Return on cash invested measures 34.74% and rental yield reads 12.93% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 183.13% and total cumulative return in cash totals $78,859.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
2,853 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14843, Hornell, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,392 (53.2%) |
| Renter Occupied HU | 2,085 (32.7%) |
| Vacant Housing Units | 893 (14.0%) |
| Median Home Value | $123,430 |
| Average Home Value | $167,656 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,051
Multi-Family
576
Businesses
503
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