Under $500K Investment Properties for Sale in Albany, NY
Listed for sale today
$ 335,000
ROI
26.7
Cash Flow/m
645- 3 Bed
- 2 Bath
- 1700 sft
41 Sand Creek Rd, Albany, NY, 12205
Listed for sale 1 day ago
$ 179,000
ROI
24.3Cash Flow/m
224- 4 Bed
- 2 Bath
- 787 sft
477 3rd Street, Albany, NY, 12206
Listed for sale 1 day ago
$ 403,000
ROI
19.8Cash Flow/m
2- 4 Bed
- 3 Bath
- 1848 sft
292 Whitehall Road, Albany, NY, 12209
Listed for sale 1 day ago
$ 299,900
ROI
31.0Cash Flow/m
942- 4 Bed
- 2 Bath
- 1303 sft
81 Hazelhurst 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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