2 Plumas PlaceSaratoga 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 2 Plumas Place, Saratoga Springs, NY, 12866 offers a 7.26% rental yield on a $635,500 purchase with $3,845/mo rent. 46% in year one. Equity gained on principal adds $4,101/yr while 5% annual appreciation supports $175,577 over five years. Portfolio math shows five-year ROI at 90.46% and total cumulative return in cash at $189,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,845/mo property income against a $3,110/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
$54 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: Sharon Byrne • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202518057
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