510 W Clinton StElmiraNY14901
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 510 W Clinton St, Elmira, NY, 14901 with 5% annual appreciation on a $125,900 basis while $1,080/mo rent supports operations. Total monthly income totals $1,080/mo and a $616/mo payment preserves $239/mo for cash returns. Annual cash flow comes to $2,874/yr on $41,736 deployed, and return on cash invested reaches 26.79% in year one. Equity gained on principal adds $812/yr, and five-year appreciation sums $34,784 alongside rental yield of 10.29%. Five-year ROI measures 140.45% and total cumulative return in cash totals $58,620.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,080/mo property income versus a $616/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
9,104 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices