41 Meadow Rue PlaceMaltaNY12020
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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 41 Meadow Rue Place, Malta, NY, 12020 priced at $479,900 converts $3,223/mo rent into $6/mo cash flow after a $2,349/mo obligation. Total monthly income equals $3,223/mo, and annual cash flow totals $68/yr on $159,087 invested. Return on cash invested prints 19.95% in year one, and rental yield reads 8.06% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 103.75% and total cumulative return in cash sums $165,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,223/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.33 Acres lot
$N/A/sqft
$150 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: Tammy Jo Creeden • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202521376
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