20 Spa DriveSaratoga SpringsNY12866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 20 Spa Drive, Saratoga Springs, NY, 12866 at $429,900 posts ROI 22.2% with $272/mo cash flow from $3,143/mo rent. Total monthly income equals $3,143/mo, and annual cash flow records $3,268/yr on $142,512 to close. Return on cash invested measures 22.2% and rental yield reads 8.77% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 115.8% and total cumulative return in cash totals $165,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,143/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
10,018 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirstin O Drabek • KW Platform
Mls Name: Global MLS
Mls ID: #202526128