6113 State Highway 5Palatine 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 6113 State Highway 5, Palatine Bridge, NY, 13428 earns from $1,140/mo rent with a $1,909/mo payment. Total monthly income totals $1,140/mo. ROI tracks 6.32% on current figures, and rental yield reads 3.51% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 30.6% and total cumulative return in cash sums $39,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Multi Family
Built in 1970
4.60 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: Laurie Weingart • KRUTZ PROPERTIES LLC
Mls Name: NY State MLS
Mls ID: #11429386