967 Route 67Ballston 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 967 Route 67, Ballston Spa, NY, 12020 listed at $165,000 pairs $1,282/mo rent with a $808/mo payment to leave $180/mo cash flow. Total monthly income runs $1,282/mo, and annual cash flow reaches $2,157/yr on $54,698 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 9.32% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 124.63% and total cumulative return in cash totals $68,171. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.97 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: Ryan Taylor • Continuum Commercial Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202523874
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