283 North StWest WinfieldNY13491
Nearby investment properties with comparable rents
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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
Rental property for sale in West Winfield at 283 North St, West Winfield, NY, 13491 generates $1,440/mo in rent, after a $1,125/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 7.52% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 95.53% and total cumulative return in cash sums $72,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
1.01 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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Nearby investment properties with comparable prices
Listed by: Mark Butler • Coldwell Banker Faith Properties
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1626139
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