248 Water StWest WinfieldNY13491
Nearby investment properties with comparable rents
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 West Winfield at 248 Water St, West Winfield, NY, 13491 at $169,900 posts ROI 26.41% with $305/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $3,660/yr on $56,322 to close. Return on cash invested measures 26.41% and rental yield reads 10.17% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 138.43% and total cumulative return in cash totals $77,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1850
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13491, West Winfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,614 (100%) |
| Owner Occupied HU | 1,153 (71.4%) |
| Renter Occupied HU | 279 (17.3%) |
| Vacant Housing Units | 182 (11.3%) |
| Median Home Value | $169,531 |
| Average Home Value | $217,832 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,315
Multi-Family
41
Businesses
60
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Listed by: Dale L. Parr • Coldwell Banker Faith Properties
Mls Name: NYSAMLSs
Mls ID: #S1659372