88 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
Investment property for sale in Saratoga Springs at 88 Lakepointe Way, Saratoga Springs, NY, 12866 at $672,400 posts ROI 15.58% with from $3,664/mo rent. Total monthly income equals $3,664/mo. Return on cash invested measures 15.58% and rental yield reads 6.54% at the current $672,400. Equity gained on principal adds $4,339/yr, and 5% annual appreciation supports $185,772 by year five. Five-year ROI prints 80.23% and total cumulative return in cash totals $177,482. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,664/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
9,583 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: #202610627