115.5 Lancaster StAlbanyNY12210
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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 Albany at 115.5 Lancaster St, Albany, NY, 12210 earns from $1,966/mo rent with a $2,369/mo payment. Total monthly income totals $1,966/mo. ROI tracks 10.44% on current figures, and rental yield reads 4.87% at a $484,100 purchase. Equity gained on principal adds $3,124/yr, and 5% annual appreciation supports $133,748 over five years. Five-year ROI reaches 52.71% and total cumulative return in cash sums $84,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,966/mo property income instead of your personal income.
Apartment
Built in 1884
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12210, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,472 (100%) |
| Owner Occupied HU | 975 (15.1%) |
| Renter Occupied HU | 4,547 (70.3%) |
| Vacant Housing Units | 950 (14.7%) |
| Median Home Value | $274,846 |
| Average Home Value | $306,108 |
Housing Distribution
Address Breakdown
Residential
5,448
Single Family
3,336
Multi-Family
2,112
Businesses
512
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