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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 3 days ago
$ 349,000
ROI
27.7
Cash Flow/m
767- 3 Bed
- 2 Bath
- 1852 sft
279 S Main Avenue, Albany, NY, 12208
Listed for sale 4 days ago
$ 269,000
ROI
30.3Cash Flow/m
788- 3 Bed
- 2 Bath
- 1224 sft
47 Lishakill Road, Albany, NY, 12205
Listed for sale 4 days ago
$ 269,900
ROI
26.9Cash Flow/m
535- 3 Bed
- 1 Bath
- 984 sft
1 Corthell Street, Albany, NY, 12205
Listed for sale 4 days ago
$ 270,000
ROI
27.5Cash Flow/m
585- 3 Bed
- 1 Bath
- 1172 sft
17 Warren St Street, 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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