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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Albany, NY
Listed for sale today
$ 249,000
ROI
20.2
Cash Flow/m
30- 3 Bed
- 1 Bath
- 1080 sft
15 Braintree Street, Albany, NY, 12205
Listed for sale today
$ 250,000
ROI
20.2Cash Flow/m
31- 3 Bed
- 2 Bath
- 1364 sft
138 Jefferson Street, Albany, NY, 12210
Rental Income
Listed for sale today
$ 250,000
ROI
23.9Cash Flow/m
288- 3 Bed
- 3 Bath
- 1680 sft
284 Lark Street, Albany, NY, 12210
Listed for sale today
$ 299,999
ROI
30.6Cash Flow/m
908- 4 Bed
- 2 Bath
- 1352 sft
18 Fairlawn Avenue, Albany, NY, 12203
Why Invest in Albany, New York?
Discover investment opportunities in Albany, NY under $500k, offering accessible entry into a stable market. State capital location drives consistent demand from government workers and professionals. Average rents support solid cash flow while moderate appreciation builds long-term wealth. Renter-occupied rates exceed 50%, ensuring reliable occupancy for investors. Cap rates around 6-7% make these properties attractive for value-add strategies.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Single-family homes, multi-family units, and condos dominate the under-$500k market. Multi-family properties offer strong cash flow potential for investors. Popular neighborhoods include Center Square and Pine Hills.
Find Your Perfect Investment Property in Albany, New York
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