111 Mann AvenueTroyNY12180
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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
Investment property for sale in Troy at 111 Mann Avenue, Troy, NY, 12180 offers a 9.29% rental yield on a $159,000 purchase with $1,231/mo rent. Total monthly income registers $1,231/mo, and a $778/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,033/yr on $52,709 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 124.24% and total cumulative return in cash at $65,484. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,231/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1864
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12180, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,432 (100%) |
| Owner Occupied HU | 10,017 (37.9%) |
| Renter Occupied HU | 13,243 (50.1%) |
| Vacant Housing Units | 3,172 (12.0%) |
| Median Home Value | $263,950 |
| Average Home Value | $328,907 |
Housing Distribution
Address Breakdown
Residential
22,996
Single Family
17,432
Multi-Family
5,564
Businesses
1,424
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