5220 Route 23 Winwood CONDO 229WindhamNY12496
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 Windham at 5220 Route 23 Winwood CONDO 229, Windham, NY, 12496 uses $75,914 cash to close to unlock $499/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $1,121/mo payment keeps the spread at $42/mo. Purchase price stands at $229,000, and rental yield measures 8.23% with $1,571/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 107.04% and total cumulative return in cash records $81,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12496, Windham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 482 (22.2%) |
| Renter Occupied HU | 183 ( 8.4%) |
| Vacant Housing Units | 1,510 (69.4%) |
| Median Home Value | $365,278 |
| Average Home Value | $458,791 |
Housing Distribution
Address Breakdown
Residential
607
Single Family
607
Multi-Family
0
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices