16 Hyde BoulevardBallston 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 16 Hyde Boulevard, Ballston Spa, NY, 12020 uses $135,915 cash to close to unlock $4,942/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $3,150/mo, and a $2,007/mo payment keeps the spread at $412/mo. Purchase price stands at $409,999, and rental yield measures 9.22% with $3,150/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash records $167,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,150/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.34 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: Bryan J Campo • Go Lyst Agency LLC
Mls Name: Global MLS
Mls ID: #202523011