5147 State Route 213OlivebridgeNY12461
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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 Olivebridge at 5147 State Route 213, Olivebridge, NY, 12461 generates $2,569/mo in rent, after a $2,296/mo payment. Total monthly income is $2,569/mo. Return on cash invested sits at 15.56% in year one, and rental yield is 6.57% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 80.17% and total cumulative return in cash sums $124,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,569/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12461, Olivebridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 625 (59.7%) |
| Renter Occupied HU | 146 (13.9%) |
| Vacant Housing Units | 276 (26.4%) |
| Median Home Value | $457,207 |
| Average Home Value | $538,176 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
25
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Listed by: Louis Naccarato • BERARDI REALTY
Mls Name: NY State MLS
Mls ID: #11286710