113 Clinton StreetAlbanyNY12202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 113 Clinton Street, Albany, NY, 12202 generates $1,539/mo in rent and, after a $783/mo payment, leaves $471/mo in cash flow. Total monthly income is $1,539/mo, and annual cash flow is $5,648/yr on $53,040 invested. Return on cash invested sits at 30.56% in year one, and rental yield is 11.54% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 160.61% and total cumulative return in cash sums $85,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,539/mo property income rather than buyer’s personal income.
Multi Family
Built in 1905
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12202, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 1,027 (19.6%) |
| Renter Occupied HU | 3,599 (68.6%) |
| Vacant Housing Units | 620 (11.8%) |
| Median Home Value | $149,237 |
| Average Home Value | $190,342 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
3,389
Multi-Family
1,119
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices