127 E Skyline DrivePalatine 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
Rental property for sale in Palatine bridge at 127 E Skyline Drive, Palatine bridge, NY, 13428 priced at $165,000 converts $1,595/mo rent into $493/mo cash flow after a $808/mo obligation. Total monthly income equals $1,595/mo, and annual cash flow totals $5,913/yr on $54,698 invested. Return on cash invested prints 30.72% in year one, and rental yield reads 11.6% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 161.47% and total cumulative return in cash sums $88,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,595/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.46 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: Laurie L Weingart • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202525974