121 W Grand StPalatine BridgeNY13428
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 Palatine Bridge at 121 W Grand St, Palatine Bridge, NY, 13428 offers a 11.74% rental yield on a $249,000 purchase with $2,436/mo rent. Total monthly income registers $2,436/mo, and a $1,219/mo payment leaves $773/mo available for distribution. Annual cash flow reaches $9,275/yr on $82,544 to close, and return on cash invested stands at 31.15% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 163.73% and total cumulative return in cash at $135,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,436/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
0.72 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Russell • VALLEY VIEW REALTY
Mls Name: NY State MLS
Mls ID: #11504942