520 Chairfactory RdElmaNY14059
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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 Elma at 520 Chairfactory Rd, Elma, NY, 14059 at $399,000 posts ROI 26.42% with $717/mo cash flow from $3,382/mo rent. Total monthly income equals $3,382/mo, and annual cash flow records $8,609/yr on $132,269 to close. Return on cash invested measures 26.42% and rental yield reads 10.17% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 138.4% and total cumulative return in cash totals $183,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,382/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14059, Elma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 3,420 (83.5%) |
| Renter Occupied HU | 469 (11.4%) |
| Vacant Housing Units | 208 ( 5.1%) |
| Median Home Value | $408,712 |
| Average Home Value | $462,518 |
Housing Distribution
Address Breakdown
Residential
3,883
Single Family
3,763
Multi-Family
120
Businesses
338
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Listed by: Christopher Welch • Gurney Becker & Bourne
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1628803
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