22 Fenwick StBallston 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 22 Fenwick St, Ballston Spa, NY, 12020 at $250,000 posts ROI 21.29% with $95/mo cash flow from $1,765/mo rent. Total monthly income equals $1,765/mo, and annual cash flow records $1,142/yr on $82,875 to close. Return on cash invested measures 21.29% and rental yield reads 8.47% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 110.93% and total cumulative return in cash totals $91,930.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1875
5,227 sqft 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: Jeffrey Brown • JEFFREY E BROWN REALTY
Mls Name: NY State MLS
Mls ID: #11512675