3214 State Route 8West WinfieldNY13491
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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 West Winfield at 3214 State Route 8, West Winfield, NY, 13491 earns from $1,440/mo rent with a $1,366/mo payment. Total monthly income totals $1,440/mo. ROI tracks 14.41% on current figures, and rental yield reads 6.19% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 74.04% and total cumulative return in cash sums $68,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1975
1.33 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: Stacey L. Camilleri • Keller Williams Upstate NY Properties
Mls Name: NYSAMLSs
Mls ID: #R1651428