50 Glenham 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
Rental property for sale in Saratoga Springs at 50 Glenham Road, Saratoga Springs, NY, 12866 generates $4,122/mo in rent and, after a $2,325/mo payment, leaves $950/mo in cash flow. Total monthly income is $4,122/mo, and annual cash flow is $11,399/yr on $157,463 invested. Return on cash invested sits at 27.15% in year one, and rental yield is 10.41% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 142.29% and total cumulative return in cash sums $224,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,122/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,098 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
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Listed by: Elizabeth Page • KW Platform
Mls Name: Global MLS
Mls ID: #202530063