Townhouse Investment Properties for Sale in Albany, NY
Listed for sale 2 days ago
$ 299,900
ROI
24.1
Cash Flow/m
359- 2 Bed
- 2 Bath
- 1196 sft
26 Wilan Lane, Albany, NY, 12203
Listed for sale 5 days ago
$ 259,900
ROI
28.7Cash Flow/m
644- 2 Bed
- 2 Bath
- 1122 sft
73 Velina Drive, Albany, NY, 12203
$ 315,000
ROI
26.3Cash Flow/m
570- 3 Bed
- 3 Bath
- 1122 sft
84 Velina Drive, Albany, NY, 12203
Rental Income
$ 225,000
ROI
20.8Cash Flow/m
63- 4 Bed
- 4 Bath
- 2554 sft
164 Lark Street, Albany, NY, 12210
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.
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