60 Saunders LaneBallston 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 60 Saunders Lane, Ballston Lake, NY, 12019 uses $165,717 cash to close to unlock $2,334/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $3,533/mo, and a $2,447/mo payment keeps the spread at $195/mo. Purchase price stands at $499,900, and rental yield measures 8.48% with $3,533/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 111.05% and total cumulative return in cash records $184,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,533/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1990
7.70 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: Annabelle Conover • KW Platform
Mls Name: Global MLS
Mls ID: #202526995