632&626 Highway 11 #CWinthropNY13697
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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 Winthrop at 632&626 Highway 11 #C, Winthrop, NY, 13697 offers a 2.92% rental yield on a $565,000 purchase with $1,373/mo rent. 57% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 21.21% and total cumulative return in cash at $39,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,373/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
3,454 sqft 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: Taylor Harper • King Realty NNY
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51138
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.