21 Wineberry LaneMaltaNY12020
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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 Malta at 21 Wineberry Lane, Malta, NY, 12020 offers $2,715/mo rent that, after a $1,747/mo payment, leaves $323/mo cash flow. Total monthly income is $2,715/mo, and annual cash flow is $3,881/yr on $118,346 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 9.13% at a $357,000 entry. Equity gained on principal adds $2,304/yr while 5% annual appreciation compounds into $98,633 by year five. Five-year ROI records 121.11% and total cumulative return in cash reaches $143,332. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,715/mo property income versus a $1,747/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.31 Acres lot
$N/A/sqft
$95 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12020, Ballston Spa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,355 (100%) |
| Owner Occupied HU | 10,454 (63.9%) |
| Renter Occupied HU | 4,631 (28.3%) |
| Vacant Housing Units | 1,270 ( 7.8%) |
| Median Home Value | $368,074 |
| Average Home Value | $412,521 |
Housing Distribution
Address Breakdown
Residential
15,952
Single Family
14,853
Multi-Family
1,099
Businesses
1,015
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Listed by: Edward F Plog • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202515189
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