3 Oliver 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
Total monthly income runs $1,800/mo, and a $3,504/mo payment. Purchase price stands at $715,900, and rental yield measures 3.02% with $1,800/mo rent. Return on cash invested shows 4.87% in year one, and 5% annual appreciation builds toward $197,790 over five years. Five-year ROI reaches 22.84% and total cumulative return in cash records $53,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $3,504/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.45 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: Cynthia M Quade • Signature One Realty Group LLC
Mls Name: Global MLS
Mls ID: #202530728