3 Pine Ridge RoadSaratoga 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
Investment property for sale in Saratoga Springs at 3 Pine Ridge Road, Saratoga Springs, NY, 12866 with 5% annual appreciation on a $437,000 basis while $2,886/mo rent supports operations. 64% in year one. Equity gained on principal adds $2,820/yr, and five-year appreciation sums $120,735 alongside rental yield of 7.92%. Five-year ROI measures 102.06% and total cumulative return in cash totals $147,844. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,886/mo property income versus a $2,139/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1990
3,484 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Carol Anne DeChiro • KW Platform
Mls Name: Global MLS
Mls ID: #202610158