82 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 82 Lakepointe Way, Saratoga Springs, NY, 12866 offers $4,248/mo rent that, after a $2,920/mo payment, leaves $252/mo cash flow. Total monthly income is $4,248/mo, and annual cash flow is $3,019/yr on $196,281 cash. Return on cash invested measures 21.6% in year one, and rental yield stands at 8.54% at a $596,600 entry. Equity gained on principal adds $3,850/yr while 5% annual appreciation compounds into $164,830 by year five. Five-year ROI records 112.55% and total cumulative return in cash reaches $220,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,248/mo property income versus a $2,920/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
$150 annually 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 Provider:
Mls ID: #202429451
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