1116 Middleline RoadBallston 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 1116 Middleline Road, Ballston Spa, NY, 12020 uses $65,969 cash to close to unlock $2,605/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $974/mo payment keeps the spread at $217/mo. Purchase price stands at $199,000, and rental yield measures 9.32% with $1,546/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $82,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1952
1 Acres 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: John S DiBlasi • DiBlasi Real Estate
Mls Name: Global MLS
Mls ID: #202521586