38 Shadow Wood WayBallston LakeNY12019
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Nearby investment properties with comparable prices
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 Lake at 38 Shadow Wood Way, Ballston Lake, NY, 12019 at $430,000 posts ROI 28.96% with $1,075/mo cash flow from $3,947/mo rent. Total monthly income equals $3,947/mo, and annual cash flow records $12,902/yr on $142,545 to close. Return on cash invested measures 28.96% and rental yield reads 11.01% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 152.04% and total cumulative return in cash totals $216,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,947/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.59 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: Deanna Rubinger • REMAX Solutions
Mls Name: Global MLS
Mls ID: #202523286