455 Roe AveElmiraNY14901
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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 455 Roe Ave, Elmira, NY, 14901 at $109,900 posts ROI 50.71% with $935/mo cash flow from $1,669/mo rent. Total monthly income equals $1,669/mo, and annual cash flow records $11,220/yr on $36,432 to close. Return on cash invested measures 50.71% and rental yield reads 18.22% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 268.75% and total cumulative return in cash totals $97,912.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
5,898 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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