10 Essex StreetMaltaNY12020
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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 Malta at 10 Essex Street, Malta, NY, 12020 at $499,900 posts ROI 22.77% with $395/mo cash flow from $3,775/mo rent. Total monthly income equals $3,775/mo, and annual cash flow records $4,738/yr on $165,717 to close. Return on cash invested measures 22.77% and rental yield reads 9.06% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 118.92% and total cumulative return in cash totals $197,064.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,775/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2018
6,534 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12020, Ballston Spa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,355 (100%) |
| Owner Occupied HU | 10,454 (63.9%) |
| Renter Occupied HU | 4,631 (28.3%) |
| Vacant Housing Units | 1,270 ( 7.8%) |
| Median Home Value | $368,074 |
| Average Home Value | $412,521 |
Housing Distribution
Address Breakdown
Residential
15,952
Single Family
14,853
Multi-Family
1,099
Businesses
1,015
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Listed by: Terry Little • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202511931
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