5 Suburban DrElmiraNY14903
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 5 Suburban Dr, Elmira, NY, 14903 at $205,300 posts ROI 48.07% with $1,597/mo cash flow from $2,968/mo rent. Total monthly income equals $2,968/mo, and annual cash flow records $19,163/yr on $68,057 to close. Return on cash invested measures 48.07% and rental yield reads 17.35% at the current $205,300. Equity gained on principal adds $1,325/yr, and 5% annual appreciation supports $56,721 by year five. Five-year ROI prints 254.47% and total cumulative return in cash totals $173,188.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14903, Elmira, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,520 (100%) |
| Owner Occupied HU | 2,066 (58.7%) |
| Renter Occupied HU | 1,201 (34.1%) |
| Vacant Housing Units | 253 ( 7.2%) |
| Median Home Value | $152,714 |
| Average Home Value | $219,673 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,138
Multi-Family
187
Businesses
372
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