1-1A Mackenna CtBallston LakeNY12019
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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 Ballston Lake at 1-1A Mackenna Ct, Ballston Lake, NY, 12019 offers a 5.86% rental yield on a $687,900 purchase with $3,360/mo rent. 52% in year one. Equity gained on principal adds $4,439/yr while 5% annual appreciation supports $190,054 over five years. Portfolio math shows five-year ROI at 69.2% and total cumulative return in cash at $156,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $3,367/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12019, Ballston Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,378 (100%) |
| Owner Occupied HU | 5,541 (75.1%) |
| Renter Occupied HU | 1,428 (19.4%) |
| Vacant Housing Units | 409 ( 5.5%) |
| Median Home Value | $448,538 |
| Average Home Value | $492,385 |
Housing Distribution
Address Breakdown
Residential
6,827
Single Family
5,848
Multi-Family
979
Businesses
192
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Listed by: Danielle Enos • eXp Realty
Mls Name: eXp Realty
Mls ID: #202523076