23 Catalina DriveBallston 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 23 Catalina Drive, Ballston Spa, NY, 12020 listed at $1,087,700 pairs $4,677/mo rent with a $5,324/mo payment. Total monthly income runs $4,677/mo. Return on cash invested measures 11.56% in year one, and rental yield registers 5.16% at a $1,087,700 basis. Equity gained on principal adds $7,019/yr, and annual property appreciation at 5% supports $300,511 by year five. Five-year ROI tracks 58.65% and total cumulative return in cash totals $206,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,677/mo property income relative to a $5,324/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.31 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: Richard Gargiulo • Sterling Real Estate Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202530464
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker