67 Hoffman 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 67 Hoffman Road, Saratoga Springs, NY, 12866 with 5% annual appreciation on a $690,000 basis while $6,206/mo rent supports operations. Total monthly income totals $6,206/mo and a $3,377/mo payment preserves $1,599/mo for cash returns. Annual cash flow comes to $19,182/yr on $227,010 deployed, and return on cash invested reaches 28.51% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,634 alongside rental yield of 10.79%. Five-year ROI measures 149.58% and total cumulative return in cash totals $339,572.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,206/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
1.01 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: Kayla Benton • Roohan Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202423076
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