309 Greenfield AveBallston 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 309 Greenfield Ave, Ballston spa, NY, 12020 priced at $1,294,855 pairs $2,887/mo rent with after a $6,338/mo payment. Total monthly income equals $2,887/mo. Return on cash invested is 2.22% in year one, and rental yield stands at 2.68% on a $1,294,855 basis. Equity gained on principal adds $8,355/yr, and 5% annual appreciation accumulates to $357,745 by year five. Five-year ROI measures 9.17% and total cumulative return in cash reaches $38,456. For financing, Ziffy Mortgage’s DSCR program evaluates $2,887/mo property income against a $6,338/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2008
4,356 sqft lot
$N/A/sqft
$584 monthly 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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