1123 Laural LaneMaltaNY12020
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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 1123 Laural Lane, Malta, NY, 12020 uses $159,087 cash to close to unlock $6,674/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $3,761/mo, and a $2,349/mo payment keeps the spread at $556/mo. Purchase price stands at $479,900, and rental yield measures 9.4% with $3,761/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 126% and total cumulative return in cash records $200,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,761/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.41 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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