463 Frank StElmiraNY14904
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 Elmira at 463 Frank St, Elmira, NY, 14904 at $122,000 posts ROI 34.88% with $504/mo cash flow from $1,319/mo rent. Total monthly income equals $1,319/mo, and annual cash flow records $6,053/yr on $40,443 to close. Return on cash invested measures 34.88% and rental yield reads 12.97% at the current $122,000. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,706 by year five. Five-year ROI prints 183.81% and total cumulative return in cash totals $74,339.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,319/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14904, Elmira, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,413 (100%) |
| Owner Occupied HU | 3,759 (50.7%) |
| Renter Occupied HU | 2,813 (37.9%) |
| Vacant Housing Units | 841 (11.3%) |
| Median Home Value | $89,090 |
| Average Home Value | $123,986 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
6,333
Multi-Family
284
Businesses
274
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Listed by: Heather Swift • Keller Williams Realty Southern Tier&Finger Lakes
Mls Name: ECMLS
Mls Provider:
Mls ID: #276172
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.