35 North StChemungNY14825
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 Chemung at 35 North St, Chemung, NY, 14825 offers a 12.14% rental yield on a $149,000 purchase with $1,508/mo rent. Total monthly income registers $1,508/mo, and a $729/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,159/yr on $49,394 to close, and return on cash invested stands at 32.38% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 170.41% and total cumulative return in cash at $84,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,508/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14825, Chemung, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 220 (73.1%) |
| Renter Occupied HU | 48 (15.9%) |
| Vacant Housing Units | 33 (11.0%) |
| Median Home Value | $172,368 |
| Average Home Value | $203,352 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
20
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Listed by: Carrie Henry • Century 21 Jackson Real Estate - Athens
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31720092
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.