516 Liberty 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 516 Liberty St, Elmira, NY, 14904 earns $100/mo cash flow from $801/mo rent with a $514/mo payment. Total monthly income totals $801/mo, and annual cash flow totals $1,197/yr on $34,808 capital. ROI tracks 23.35% on current figures, and rental yield reads 9.15% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 121.94% and total cumulative return in cash sums $42,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $801/mo property income instead of your personal income.
Single Family
Built in 1920
0.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Bell • CENTURY 21 NORTH EAST
Mls Name: GBMLS
Mls Provider:
Mls ID: #328295
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.