20 Berkeley WaySaratoga 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 20 Berkeley Way, Saratoga Springs, NY, 12866 priced at $749,990 pairs $7,294/mo rent with $2,059/mo cash flow after a $3,671/mo payment. Total monthly income equals $7,294/mo, and annual cash flow comes to $24,702/yr on $246,747 invested. Return on cash invested is 30.07% in year one, and rental yield stands at 11.67% on a $749,990 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,208 by year five. Five-year ROI measures 158.35% and total cumulative return in cash reaches $390,734. For financing, Ziffy Mortgage’s DSCR program evaluates $7,294/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
1.91 Acres lot
$N/A/sqft
$227 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: Aubrey D Guri • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202418106
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