524 State Highway 11cWinthropNY13697
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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 Winthrop at 524 State Highway 11c, Winthrop, NY, 13697 generates $2,405/mo in rent and, after a $1,395/mo payment, leaves $502/mo in cash flow. Total monthly income is $2,405/mo, and annual cash flow is $6,021/yr on $94,478 invested. Return on cash invested sits at 26.28% in year one, and rental yield is 10.13% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 137.65% and total cumulative return in cash sums $130,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,405/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.80 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: Donna Bonno • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51173
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.