REI Lense

REI Lense

Saratoga Springs, NY Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Saratoga Springs, NY. Based on 20+ datapoints.

Saratoga Springs, NY Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

3%

Avg Cash on Cash

-13.7%

Median Cashflow

-$1,845/mo

Avg Rent Estimate

$3,160/mo

Avg Price

$659,205

Price Range

$289,000 - $1,150,000

Rent to Price

0.48%

low ratio

Positive Cashflow

5%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Saratoga Springs, NY

Saratoga Springs, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Saratoga Springs, NY is -$1,845 with average rents of $3,160/month. Properties range from $289,000 to $1,150,000, offering entry points across multiple investment budgets.

29 Hyde Street, Saratoga Springs, NY 12866

Price

$473,700

Rent

$2,427

CachFlow

-$1,130

CoC

-13.63

Full Analysis

24 Diamond Place, Saratoga Springs, NY 12866

Price

$676,300

Rent

$3,024

CachFlow

-$1,813

CoC

-15.32

Full Analysis

6 Foxhall Drive, Saratoga Springs, NY 12866

Price

$718,300

Rent

$2,756

CachFlow

-$2,427

CoC

-19.31

Full Analysis

11 Thoroughbred Drive, Saratoga Springs, NY 12866

Price

$680,300

Rent

$3,559

CachFlow

-$1,883

CoC

-15.82

Full Analysis

116 Elm Street, Saratoga Springs, NY 12866

Price

$750,000

Rent

$3,433

CachFlow

-$2,106

CoC

-16.05

Full Analysis
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Saratoga Springs, NY Rental Market Insights

  • Median cashflow is -$1,845/month — careful deal selection is essential here
  • 3% median cap rate is typical of appreciation-focused markets
  • At 5% positive cashflow rate, Saratoga Springs, NY requires selective property picks
  • Premium market with properties from $289,000 to $1,150,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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