45 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 45 Lafayette Street, Palatine Bridge, NY, 13428 priced at $199,999 pairs $1,583/mo rent with $247/mo cash flow after a $979/mo payment. Total monthly income equals $1,583/mo, and annual cash flow comes to $2,968/yr on $66,300 invested. Return on cash invested is 24.39% in year one, and rental yield stands at 9.5% on a $199,999 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 127.54% and total cumulative return in cash reaches $84,560. For financing, Ziffy Mortgage’s DSCR program evaluates $1,583/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft 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: Desiree Munoz • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202526754