135 Lafayette StreetPalatine 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 135 Lafayette Street, Palatine Bridge, NY, 13428 generates $1,140/mo in rent and, after a $825/mo payment, leaves $15/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $174/yr on $55,858 invested. Return on cash invested sits at 20.22% in year one, and rental yield is 8.12% on a $168,500 entry. Equity gained on principal adds $1,087/yr, while 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 105.19% and total cumulative return in cash sums $58,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.30 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: Laura Hayes Bowles • Chad Majewski Real Estate
Mls Name: Global MLS
Mls Provider:
Mls ID: #202520543
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker