4 Old Chatham CtMaltaNY12020
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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 Malta at 4 Old Chatham Ct, Malta, NY, 12020 at $429,000 posts ROI 21.97% with $244/mo cash flow from $3,359/mo rent. Total monthly income equals $3,359/mo, and annual cash flow records $2,927/yr on $142,214 to close. Return on cash invested measures 21.97% and rental yield reads 9.4% at the current $429,000. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 by year five. Five-year ROI prints 115.28% and total cumulative return in cash totals $163,945.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
N/A lot
$N/A/sqft
$250 monthly 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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