29 Vichy DriveSaratoga 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 29 Vichy Drive, Saratoga Springs, NY, 12866 offers $5,420/mo rent that, after a $2,374/mo payment, leaves $2,181/mo cash flow. Total monthly income is $5,420/mo, and annual cash flow is $26,173/yr on $160,778 cash. Return on cash invested measures 36.19% in year one, and rental yield stands at 13.41% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 190.8% and total cumulative return in cash reaches $306,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,420/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1965
0.41 Acres 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
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Listed by: Patrick Dunn • Core Real Estate Team
Mls Name: Global MLS
Mls Provider:
Mls ID: #202425384
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