Is Ballston Spa, NY a good place to invest in rental property?

Ballston Spa, NY has a median modeled monthly cash flow of $-1,039 and a median cap rate of 3.5%, on a median sold price of $435,000. Prices changed +6.1% year over year.

What is the average cap rate in Ballston Spa, NY?

The median cap rate across recently sold homes in Ballston Spa, NY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ballston Spa, NY?

The median sold price in Ballston Spa, NY is $435,000 (about $262 per square foot).

Investing in Ballston Spa, NY Real Estate

A data-driven snapshot of the Ballston Spa, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$435,000Median sold price

$262Median $/sqft

3.5%Median cap rate

$-1,039Modeled cash flow / mo

+6.1%Appreciation YoY

7.7Months of supply

174Active listings

272Sold (last 12 mo)

What the Ballston Spa numbers say

In Ballston Spa, NY, the median home sold for $435,000 (about $262 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,039 of monthly cash flow. Sold prices moved +6.1% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Ballston Spa cash-flowing listings

CashFlowRE ranks every for-sale home in Ballston Spa, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ballston Spa deals, or browse the national market data.