7 Pine Brook DriveBallston 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
Rental property for sale in Ballston Spa at 7 Pine Brook Drive, Ballston Spa, NY, 12020 offers $6,590/mo rent that, after a $3,524/mo payment, leaves $1,782/mo cash flow. Total monthly income is $6,590/mo, and annual cash flow is $21,384/yr on $236,880 cash. Return on cash invested measures 29.09% in year one, and rental yield stands at 10.98% at a $720,000 entry. Equity gained on principal adds $4,646/yr while 5% annual appreciation compounds into $198,923 by year five. Five-year ROI records 152.66% and total cumulative return in cash reaches $361,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,590/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
4.38 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: Mariah Jones • Oxford Property Group USA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202424495
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