21 Saratoga AvenueSouth Glens FallsNY12803
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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 South Glens Falls at 21 Saratoga Avenue, South Glens Falls, NY, 12803 earns $1/mo cash flow from $2,004/mo rent with a $1,468/mo payment. Total monthly income totals $2,004/mo, and annual cash flow totals $14/yr on $99,417 capital. ROI tracks 19.92% on current figures, and rental yield reads 8.02% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 103.6% and total cumulative return in cash sums $103,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,004/mo property income instead of your personal income.
Single Family
Built in 1910
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12803, South Glens Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,615 (100%) |
| Owner Occupied HU | 2,697 (58.4%) |
| Renter Occupied HU | 1,631 (35.3%) |
| Vacant Housing Units | 287 ( 6.2%) |
| Median Home Value | $228,997 |
| Average Home Value | $289,405 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
4,132
Multi-Family
193
Businesses
222
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Listed by: Ashley Nagy • Davies-Davies & Assoc Real Est
Mls Name: Global MLS
Mls ID: #202525416