102 South StreetBallston SpaNY12020
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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 Spa at 102 South Street, Ballston Spa, NY, 12020 offers a 9.68% rental yield on a $332,000 purchase with $2,677/mo rent. Total monthly income registers $2,677/mo, and a $1,625/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,519/yr on $110,058 to close, and return on cash invested stands at 24.92% in year one. Equity gained on principal adds $2,142/yr while 5% annual appreciation supports $91,725 over five years. Portfolio math shows five-year ROI at 130.37% and total cumulative return in cash at $143,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,677/mo property income against a $1,625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12020, Ballston Spa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,355 (100%) |
| Owner Occupied HU | 10,454 (63.9%) |
| Renter Occupied HU | 4,631 (28.3%) |
| Vacant Housing Units | 1,270 ( 7.8%) |
| Median Home Value | $368,074 |
| Average Home Value | $412,521 |
Housing Distribution
Address Breakdown
Residential
15,952
Single Family
14,853
Multi-Family
1,099
Businesses
1,015
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Listed by: Lisa McTygue • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls ID: #202519390