520 Baylor RdElmiraNY14904
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 520 Baylor Rd, Elmira, NY, 14904 at $130,000 posts ROI 33.73% with $496/mo cash flow from $1,364/mo rent. Total monthly income equals $1,364/mo, and annual cash flow records $5,954/yr on $43,095 to close. Return on cash invested measures 33.73% and rental yield reads 12.59% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 177.66% and total cumulative return in cash totals $76,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
4,605 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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