21 Kaatskill WayBallston 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
Rental property for sale in Ballston Spa at 21 Kaatskill Way, Ballston Spa, NY, 12020 generates $2,944/mo in rent and, after a $2,132/mo payment, leaves $35/mo in cash flow. Total monthly income is $2,944/mo, and annual cash flow is $424/yr on $144,368 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 8.11% on a $435,500 entry. Equity gained on principal adds $2,810/yr, while 5% annual appreciation builds toward $120,321 over five years. Five-year ROI reaches 105.07% and total cumulative return in cash sums $151,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.46 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: Scott Varley • KW Platform
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205426
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.