900 Rock City Rd TRAILER 408Ballston 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 900 Rock City Rd TRAILER 408, Ballston Spa, NY, 12020 uses $48,366 cash to close to unlock $2,158/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,154/mo, and a $714/mo payment keeps the spread at $180/mo. Purchase price stands at $145,900, and rental yield measures 9.49% with $1,154/mo rent. Return on cash invested shows 24.37% in year one, and 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 127.38% and total cumulative return in cash records $61,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,154/mo property income covering a $714/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A 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: Alec Wright • Hoffman Homes
Mls Name: NY State MLS
Mls ID: #11483579