103 Cold Spring RoadSaratoga SpringsNY12866
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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 Saratoga Springs at 103 Cold Spring Road, Saratoga Springs, NY, 12866 offers a 8.41% rental yield on a $549,800 purchase with $3,853/mo rent. Total monthly income registers $3,853/mo, and a $2,691/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,178/yr on $180,884 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,900 over five years. Portfolio math shows five-year ROI at 110.73% and total cumulative return in cash at $200,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,853/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12866, Saratoga Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,215 (100%) |
| Owner Occupied HU | 11,132 (52.5%) |
| Renter Occupied HU | 7,304 (34.4%) |
| Vacant Housing Units | 2,779 (13.1%) |
| Median Home Value | $538,112 |
| Average Home Value | $603,511 |
Housing Distribution
Address Breakdown
Residential
19,529
Single Family
15,928
Multi-Family
3,601
Businesses
2,184
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Listed by: Anthony M Gucciardo • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls ID: #202528093