Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Albany, NY
Listed for sale 7 days ago
$ 228,000
ROI
27.1
Cash Flow/m
468- 2 Bed
- 1 Bath
- 942 sft
509 Townwood Drive, Albany, NY, 12203
$ 249,900
ROI
24.0Cash Flow/m
295- 2 Bed
- 2 Bath
- 1307 sft
641 Top Ridge Drive, Albany, NY, 12203
$ 299,900
ROI
24.8Cash Flow/m
420- 2 Bed
- 3 Bath
- 1294 sft
27 Woodside Drive, Albany, NY, 12208
$ 289,900
ROI
20.8Cash Flow/m
84- 2 Bed
- 2 Bath
- 1044 sft
553C Sand Creek Road, Albany, NY, 12205
Why Invest in Albany, New York?
Townhouses in Albany, NY offer strong investment potential with steady appreciation and reliable rental demand. The local market shows 4-11% annual home value growth, supporting solid cap rates around 6-7%. Renter occupancy exceeds 50%, driven by government jobs and universities. Average rents near $1,800 provide positive cash flow for investors. Modest forecasts predict 1-3% growth into 2026, ideal for long-term holds.
7.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer stable cash flow from high renter demand near universities and government hubs. Appreciation averages 4-5% yearly. Low vacancy supports reliable returns.
Find Your Perfect Investment Property in Albany, New York
Explore investment opportunities by strategy, performance, or property type
