1045 Laural LaneMaltaNY12020
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Nearby investment properties with comparable prices
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 1045 Laural Lane, Malta, NY, 12020 at $339,900 posts ROI 23.73% with $359/mo cash flow from $2,629/mo rent. Total monthly income equals $2,629/mo, and annual cash flow records $4,306/yr on $112,677 to close. Return on cash invested measures 23.73% and rental yield reads 9.28% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 123.97% and total cumulative return in cash totals $139,691.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,629/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No 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: Christopher J Culihan • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202516853
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