183 Eastline RoadBallston 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 183 Eastline Road, Ballston Lake, NY, 12019 uses $66,267 cash to close to unlock $3,114/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $978/mo payment keeps the spread at $260/mo. Purchase price stands at $199,900, and rental yield measures 9.57% with $1,594/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash records $85,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.96 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: Kelly Kisselbrack • Signature One Realty Group LLC
Mls Name: Global MLS
Mls ID: #202526851