39 Tamarack StreetBallston 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
Investment property for sale in Ballston Lake at 39 Tamarack Street, Ballston Lake, NY, 12019 with 5% annual appreciation on a $764,980 basis while $2,819/mo rent supports operations. 88% in year one. Equity gained on principal adds $4,936/yr, and five-year appreciation sums $211,350 alongside rental yield of 4.42%. Five-year ROI measures 44.42% and total cumulative return in cash totals $111,797. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,819/mo property income versus a $3,744/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
$165 quarterly 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: Jaylene M Leonbruno • Tailored Real Estate Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514115
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