81 Lakepointe WaySaratoga 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 81 Lakepointe Way, Saratoga Springs, NY, 12866 priced at $598,500 pairs $4,153/mo rent with $157/mo cash flow after a $2,929/mo payment. Total monthly income equals $4,153/mo, and annual cash flow comes to $1,880/yr on $196,907 invested. Return on cash invested is 21.02% in year one, and rental yield stands at 8.33% on a $598,500 basis. Equity gained on principal adds $3,862/yr, and 5% annual appreciation accumulates to $165,355 by year five. Five-year ROI measures 109.39% and total cumulative return in cash reaches $215,397. For financing, Ziffy Mortgage’s DSCR program evaluates $4,153/mo property income against a $2,929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,840 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: Christofer F Conte • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202528970