809 Chamberlain StElmiraNY14904
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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
Investment property for sale in Elmira at 809 Chamberlain St, Elmira, NY, 14904 uses $43,062 cash to close to unlock $2,044/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,038/mo, and a $636/mo payment keeps the spread at $170/mo. Purchase price stands at $129,900, and rental yield measures 9.59% with $1,038/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 129.01% and total cumulative return in cash records $55,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,038/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1945
8,999 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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