103 Pinehurst AvenueAlbanyNY12203
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Albany at 103 Pinehurst Avenue, Albany, NY, 12203 priced at $366,019 converts $3,322/mo rent into $878/mo cash flow after a $1,791/mo obligation. Total monthly income equals $3,322/mo, and annual cash flow totals $10,539/yr on $121,335 invested. Return on cash invested prints 28.6% in year one, and rental yield reads 10.89% against a $366,019 entry. Equity gained on principal adds $2,362/yr, while 5% annual appreciation compiles into $101,124 by year five. Five-year ROI reaches 150.08% and total cumulative return in cash sums $182,103. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,322/mo property income covering a $1,791/mo payment, not borrower’s personal income.
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12203, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,698 (100%) |
| Owner Occupied HU | 6,369 (43.3%) |
| Renter Occupied HU | 6,571 (44.7%) |
| Vacant Housing Units | 1,758 (12.0%) |
| Median Home Value | $294,068 |
| Average Home Value | $333,087 |
Housing Distribution
Address Breakdown
Residential
13,294
Single Family
10,497
Multi-Family
2,797
Businesses
1,260
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Listed by: Susan Lynne l Sommers • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202523274
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker