37 Edmund DrBallston 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 37 Edmund Dr, Ballston Spa, NY, 12020 earns $748/mo cash flow from $2,617/mo rent with a $1,370/mo payment. Total monthly income totals $2,617/mo, and annual cash flow totals $8,973/yr on $92,812 capital. ROI tracks 29.58% on current figures, and rental yield reads 11.22% at a $279,977 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,352 over five years. Five-year ROI reaches 155.33% and total cumulative return in cash sums $144,169. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,617/mo property income instead of your personal income.
Single Family
Built in 1967
0.35 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: #203745
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.