576 Acland BoulevardBallston 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 576 Acland Boulevard, Ballston Spa, NY, 12020 uses $167,788 cash to close to unlock $15,486/yr annual cash flow and $1,291/mo monthly cash flow. Total monthly income runs $4,696/mo, and a $2,496/mo payment keeps the spread at $1,291/mo. Purchase price stands at $509,995, and rental yield measures 11.05% with $4,696/mo rent. Return on cash invested shows 29.29% in year one, and 5% annual appreciation builds toward $140,902 over five years. Five-year ROI reaches 153.77% and total cumulative return in cash records $258,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,696/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.63 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: Gardner Cummings • Track Realty Prime, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202429951
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