879 NYS Rt 29Saratoga 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 879 NYS Rt 29, Saratoga Springs, NY, 12866 earns $243/mo cash flow from $2,040/mo rent with a $1,317/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $2,919/yr on $89,174 capital. ROI tracks 23.18% on current figures, and rental yield reads 9.1% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 121.07% and total cumulative return in cash sums $107,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 1973
0.60 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: Jessica Bedard • Realty One Group Key
Mls Name: Global MLS
Mls ID: #202526308