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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
Fix & Flip
Listed for sale today
$ 299,999
ROI
31.7
Cash Flow/m
997- 6 Bed
- 4 Bath
- 2600 sft
79 Alexander Street, Albany, NY, 12202
Fix & Flip
Listed for sale today
$ 155,000
ROI
23.6Cash Flow/m
168- 6 Bed
- 2 Bath
- 1848 sft
446 1st St, Albany, NY, 12206
Listed for sale 1 day ago
$ 269,900
ROI
20.9Cash Flow/m
88- 2 Bed
- 1 Bath
- 1350 sft
24-26 E Dillenbeck Drive, Albany, NY, 12203
Listed for sale 1 day ago
$ 439,000
ROI
24.8Cash Flow/m
620- 3 Bed
- 3 Bath
- 2030 sft
2 Dawn Drive, Albany, NY, 12205
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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