0 Prame RdPalatine BridgeNY13428
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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 Palatine Bridge at 0 Prame Rd, Palatine Bridge, NY, 13428 offers a 12.53% rental yield on a $150,000 purchase with $1,566/mo rent. Total monthly income registers $1,566/mo, and a $734/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,774/yr on $49,725 to close, and return on cash invested stands at 33.53% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 176.59% and total cumulative return in cash at $87,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,566/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13428, Palatine Bridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 509 (65.8%) |
| Renter Occupied HU | 187 (24.2%) |
| Vacant Housing Units | 77 ( 10.0%) |
| Median Home Value | $175,833 |
| Average Home Value | $229,470 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
455
Multi-Family
32
Businesses
56
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Listed by: Brent Phetteplace • JUDITH ANN REALTY INC
Mls Name: NY State MLS
Mls ID: #11289878