128 State Highway 5SPattersonvilleNY12137
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 Pattersonville at 128 State Highway 5S, Pattersonville, NY, 12137 offers a 10.99% rental yield on a $232,500 purchase with $2,130/mo rent. Total monthly income registers $2,130/mo, and a $1,138/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,929/yr on $77,074 to close, and return on cash invested stands at 28.9% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 151.74% and total cumulative return in cash at $116,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,130/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12137, Pattersonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 649 (80.4%) |
| Renter Occupied HU | 81 (10.0%) |
| Vacant Housing Units | 77 ( 9.5%) |
| Median Home Value | $322,011 |
| Average Home Value | $365,135 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
16
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Nearby investment properties with comparable prices
Listed by: Daniel P McCarthy • eXp Realty
Mls Name: Global MLS
Mls ID: #202523750