2 Balsam CourtBallston 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 2 Balsam Court, Ballston Lake, NY, 12019 listed at $674,980 pairs $3,997/mo rent with a $3,304/mo payment. Total monthly income runs $3,997/mo. Return on cash invested measures 17.3% in year one, and rental yield registers 7.11% at a $674,980 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,485 by year five. Five-year ROI tracks 89.48% and total cumulative return in cash totals $198,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,997/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.25 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: Denise DeSalvatore • Tailored Real Estate Group
Mls Name: Global MLS
Mls ID: #202611223