7 Jaipur LaneSaratoga 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 7 Jaipur Lane, Saratoga Springs, NY, 12866 priced at $359,900 converts $3,873/mo rent into $1,469/mo cash flow after a $1,762/mo obligation. Total monthly income equals $3,873/mo, and annual cash flow totals $17,630/yr on $119,307 invested. Return on cash invested prints 34.69% in year one, and rental yield reads 12.91% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 182.76% and total cumulative return in cash sums $218,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,873/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
6,969 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: Andrea Beth Googas • Cornwell Real Estate
Mls Name: Global MLS
Mls ID: #202530089