6821 Clinton StElmaNY14059
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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
Rental property for sale in Elma at 6821 Clinton St, Elma, NY, 14059 priced at $168,224 pairs $2,603/mo rent with $1,480/mo cash flow after a $823/mo payment. Total monthly income equals $2,603/mo, and annual cash flow comes to $17,760/yr on $55,766 invested. Return on cash invested is 51.76% in year one, and rental yield stands at 18.57% on a $168,224 basis. Equity gained on principal adds $1,086/yr, and 5% annual appreciation accumulates to $46,477 by year five. Five-year ROI measures 274.24% and total cumulative return in cash reaches $152,932. For financing, Ziffy Mortgage’s DSCR program evaluates $2,603/mo property income against a $823/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
1.10 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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