169 Groff 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 169 Groff Rd, Palatine Bridge, NY, 13428 with 5% annual appreciation on a $147,900 basis while $1,129/mo rent supports operations. Total monthly income totals $1,129/mo and a $724/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,695/yr on $49,029 deployed, and return on cash invested reaches 23.37% in year one. Equity gained on principal adds $954/yr, and five-year appreciation sums $40,862 alongside rental yield of 9.16%. Five-year ROI measures 122.12% and total cumulative return in cash totals $59,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,129/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1989
1.80 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: Jennifer Conklin • Empire Homes & Commercial LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1582702
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