6634 Route 55WingdaleNY12594
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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 Wingdale at 6634 Route 55, Wingdale, NY, 12594 generates $1,696/mo in rent and, after a $1,224/mo payment, leaves $26/mo in cash flow. Total monthly income is $1,696/mo, and annual cash flow is $314/yr on $82,875 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 8.14% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash sums $87,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12594, Wingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,194 (68.7%) |
| Renter Occupied HU | 381 (21.9%) |
| Vacant Housing Units | 162 ( 9.3%) |
| Median Home Value | $382,620 |
| Average Home Value | $498,118 |
Housing Distribution
Address Breakdown
Residential
1,425
Single Family
1,425
Multi-Family
0
Businesses
102
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