12 Appleton StreetBallston 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 12 Appleton Street, Ballston Lake, NY, 12019 uses $194,103 cash to close to unlock $22,270/yr annual cash flow and $1,856/mo monthly cash flow. Total monthly income runs $5,851/mo, and a $2,888/mo payment keeps the spread at $1,856/mo. Purchase price stands at $589,980, and rental yield measures 11.9% with $5,851/mo rent. Return on cash invested shows 31.53% in year one, and 5% annual appreciation builds toward $163,001 over five years. Five-year ROI reaches 165.91% and total cumulative return in cash records $322,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,851/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
$165 quarterly 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: Jaylene M Leonbruno • Tailored Real Estate Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421994
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker