260 Barrett RdWinthropNY13697
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 Winthrop at 260 Barrett Rd, Winthrop, NY, 13697 uses $58,013 cash to close to unlock $6,131/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $857/mo payment keeps the spread at $511/mo. Purchase price stands at $175,000, and rental yield measures 11.52% with $1,680/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 160.18% and total cumulative return in cash records $92,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1989
27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices