78 Church Street #205Saratoga 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 78 Church Street #205, Saratoga Springs, NY, 12866 listed at $1,275,969 pairs $2,486/mo rent with a $6,245/mo payment. Total monthly income runs $2,486/mo. Return on cash invested measures 2.85% in year one, and rental yield registers 2.34% at a $1,275,969 basis. Equity gained on principal adds $8,234/yr, and annual property appreciation at 5% supports $352,527 by year five. Five-year ROI tracks 11.94% and total cumulative return in cash totals $49,375. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,486/mo property income relative to a $6,245/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
0.47 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: Julie A Bonacio • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls ID: #202518903