251 State Highway 420WinthropNY13697
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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 Winthrop at 251 State Highway 420, Winthrop, NY, 13697 uses $52,709 cash to close to unlock $2,285/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,252/mo, and a $778/mo payment keeps the spread at $190/mo. Purchase price stands at $159,000, and rental yield measures 9.45% with $1,252/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $66,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,252/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1876
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13697, Winthrop, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 741 (67.2%) |
| Renter Occupied HU | 203 (18.4%) |
| Vacant Housing Units | 158 (14.3%) |
| Median Home Value | $189,139 |
| Average Home Value | $201,336 |
Housing Distribution
Address Breakdown
Residential
821
Single Family
821
Multi-Family
0
Businesses
27
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Listed by: Lori Snyder • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50980
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.