440 E High StreetBallston 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 440 E High Street, Ballston Spa, NY, 12020 earns $327/mo cash flow from $2,330/mo rent with a $1,468/mo payment. Total monthly income totals $2,330/mo, and annual cash flow totals $3,924/yr on $99,450 capital. ROI tracks 23.85% on current figures, and rental yield reads 9.32% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash sums $123,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.
Manufactured
Built in 1979
1.87 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: Maximilian Faraone • Oxford Property Group USA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202423155
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