The Churchill Plan, Oak Ridge By BeechwoodSaratoga 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 The Churchill Plan, Oak Ridge By Beechwood, Saratoga Springs, NY, 12866 priced at $1,450,000 converts $6,550/mo rent into after a $7,097/mo obligation. Total monthly income equals $6,550/mo. Return on cash invested prints 11.98% in year one, and rental yield reads 5.42% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 61.05% and total cumulative return in cash sums $286,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,550/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$150 monthly 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: N/A • Beechwood Homes - Oak Ridge
Mls Name: Beechwood Homes - Oak Ridge
Mls ID: #N/A