L02 Corona CourtBallston 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
Rental property for sale in Ballston Lake at L02 Corona Court, Ballston Lake, NY, 12019 priced at $785,900 pairs $3,462/mo rent with after a $3,847/mo payment. Total monthly income equals $3,462/mo. Return on cash invested is 11.77% in year one, and rental yield stands at 5.29% on a $785,900 basis. Equity gained on principal adds $5,071/yr, and 5% annual appreciation accumulates to $217,130 by year five. Five-year ROI measures 59.81% and total cumulative return in cash reaches $154,641. For financing, Ziffy Mortgage’s DSCR program evaluates $3,462/mo property income against a $3,847/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.25 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: Jayne Schermerhorn • Signature One Realty Group LLC
Mls Name: Global MLS
Mls ID: #202527712