12 Eastridge DrSaratoga 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
Rental property for sale in Saratoga Springs at 12 Eastridge Dr, Saratoga Springs, NY, 12866 priced at $270,000 pairs $5,710/mo rent with $3,907/mo cash flow after a $1,322/mo payment. Total monthly income equals $5,710/mo, and annual cash flow comes to $46,878/yr on $89,505 invested. Return on cash invested is 72.28% in year one, and rental yield stands at 25.38% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 384.37% and total cumulative return in cash reaches $344,029. For financing, Ziffy Mortgage’s DSCR program evaluates $5,710/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
0.89 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: N/A • N/A
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