1305 Winthrop DrFishers IslandNY06390
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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 Fishers Island at 1305 Winthrop Dr, Fishers Island, NY, 06390 projects strong ROI of 3.29%. Rental yield 2.48%. With 5% annual appreciation, the property builds $607,819 in value over five years. Equity growth combined delivers a projected five-year ROI of 14.25%, translating into $101,595 in total cumulative return on $712,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1965
0.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06390, Fishers Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 100 (16.5%) |
| Renter Occupied HU | 78 (12.9%) |
| Vacant Housing Units | 428 (70.6%) |
| Median Home Value | $1,715,909 |
| Average Home Value | $1,612,000 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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Listed by: Laurie Finan • Century 21 Shutters & Sails
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1355442
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 State-Wide MLS, Inc. All rights reserved.