19 Washington Street UNIT 354 B3Saratoga 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 19 Washington Street UNIT 354 B3, Saratoga Springs, NY, 12866 offers $3,052/mo rent that, after a $4,405/mo payment. Total monthly income is $3,052/mo. Return on cash invested measures 6.42% in year one, and rental yield stands at 4.07% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 31.72% and total cumulative return in cash reaches $93,936. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,052/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
$407 monthly 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: Shannon McCarthy • eXp Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422701
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