Real Estate Investing in Ballston Lake, New York (12019)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12019 (Ballston Lake, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Ballston Lake, NY (12019)?
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Market Analysis: 12019 Ballston Lake
ZIP 12019 inside Saratoga County looks affordable on the surface — median value of $509K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 12019 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 12019 sits on the difficult end of the NY spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
A notable renter share of 20% in 12019 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Ballston Lake:
Property Strategy for 12019
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $329,836 | $1,700 | 3.7% | +3.3% | $164,918 |
| 3BR | $459,328 | $2,040 | 3.2% | +7.3% | $153,109 |
| 4BR | $490,783 | $2,250 | 3.3% | +7.3% | $122,696 |
| 5BR | $494,552 | — | — | +7.2% | $98,910 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 12019 Compare?
| Metric | 12019 | Ballston Lake | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $508,791 | $508,791 | N/A | $505,608 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.6% |
| Avg Rent | $1,929 | $1,929 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12019 (Ballston Lake, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $508,791 |
| Monthly Rent | $1,929 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 12019
Population: 15,683
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 12019
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
RICHARD H O'ROURKE MIDDLE SCHOOL
BURNT HILLS-BALLSTON LAKE SENIOR HIGH SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,617 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How quickly do rentals get leased in Ballston Lake, NY?
Vacancy risk in Ballston Lake, NY is elevated. That supports steady cash flow for typical rental holds.
Is it easy to find good tenants in Ballston Lake, NY?
The renter base in Ballston Lake, NY is reasonable for the $1,929/mo price point. Screening well and pricing to market typically yields predictable tenants.
How should investors approach Ballston Lake, NY?
In Ballston Lake, NY the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $509K prices and $1,929/mo rents suits that approach.
Is Ballston Lake, NY good for landlords?
Ballston Lake, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How strong is Ballston Lake, NY for real estate investors?
Ballston Lake, NY rates 3.0/5 for investability. With median values at $509K and rents near $1,929/mo, the market offers reasonable fundamentals for rental investors.
You know 12019 now. You don’t know where it ranks.
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How 12019 ranks in Albany-Schenectady-Troy, NY
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