Best ZIP Codes for Cash Flow in Elmira, NY (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 14901 1% rule | Elmira, NY | $115,955 | $1,344 | 9.04% | 5.0% |
| 2 | 14904 1% rule | Elmira, NY | $109,017 | $1,138 | 8.14% | 6.7% |
| 3 | 14824 | Cayuta, NY | $173,280 | $1,422 | 6.40% | 4.9% |
| 4 | 14864 | Millport, NY | $178,093 | $1,377 | 6.03% | 7.1% |
| 5 | 14894 | Wellsburg, NY | $168,075 | $1,278 | 5.93% | 6.9% |
| 6 | 14861 | Lowman, NY | $175,558 | $1,224 | 5.44% | 4.2% |
| 7 | 14905 | Elmira, NY | $185,540 | $1,233 | 5.18% | 6.6% |
| 8 | 14889 | Van Etten, NY | $187,671 | $1,179 | 4.90% | 6.2% |
| 9 | 14903 | Elmira, NY | $168,373 | $1,050 | 4.86% | 5.4% |
| 10 | 14845 | Horseheads, NY | $230,824 | $1,400 | 4.73% | 5.9% |
| 11 | 14825 | Chemung, NY | $175,154 | $1,044 | 4.65% | 5.8% |
| 12 | 14816 | Breesport, NY | $191,227 | $1,125 | 4.59% | 5.1% |
| 13 | 14872 | Pine Valley, NY | $177,859 | $1,044 | 4.58% | 6.5% |
| 14 | 14871 | Pine City, NY | $209,457 | $1,215 | 4.52% | 5.9% |
| 15 | 14838 | Erin, NY | $207,132 | $1,044 | 3.93% | 5.3% |
| 16 | 14814 | Big Flats, NY | $273,404 | $1,305 | 3.72% | 7.1% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Elmira, NY · Affordable in Elmira, NY
Or see the full Elmira, NY metro profile.