Save Search
Filters Applied
EditEdit Filters
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
$ 320,000
ROI
20.0
Cash Flow/m
18- 4 Bed
- 2 Bath
- 1740 sft
5 Alta Road, Albany, NY, 12205
Fix & Flip
Listed for sale today
$ 139,900
ROI
33.1Cash Flow/m
521- 5 Bed
- 2 Bath
- 2665 sft
221 Livingston Avenue, Albany, NY, 12210
Listed for sale today
$ 495,000
ROI
23.1Cash Flow/m
455- 5 Bed
- 3 Bath
- 2918 sft
65 Manning Boulevard, Albany, NY, 12203
Listed for sale today
$ 260,000
ROI
25.2Cash Flow/m
393- 4 Bed
- 1 Bath
- 1449 sft
144 Hawk St S, Albany, NY, 12202
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
Explore investment opportunities by strategy, performance, or property type
