660 Stark TerraceBallston SpaNY12020
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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 Spa at 660 Stark Terrace, Ballston Spa, NY, 12020 at $560,000 posts ROI 23.4% with $512/mo cash flow from $4,252/mo rent. Total monthly income equals $4,252/mo, and annual cash flow records $6,148/yr on $184,240 to close. Return on cash invested measures 23.4% and rental yield reads 9.11% at the current $560,000. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 by year five. Five-year ROI prints 122.17% and total cumulative return in cash totals $225,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.51 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: Robert Saumell Jr. • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202518890
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