13 Mohawk StAlbanyNY12204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 13 Mohawk St, Albany, NY, 12204 in Albany speaks for itself: 12.59% gross on a $179,900 price, generating $1,887/mo in rent and $686/mo in net income after the $809/mo debt service. DSCR 2.33, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,228 stacks alongside $49,703 in projected five-year appreciation and $1,657/yr in principal reduction. Projected total cumulative return: $112,750.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $686 | $850 |
City averages based on Albany market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,887 |
| Total Monthly Debt Service | $1,130 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1890
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12204, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 1,515 (33.5%) |
| Renter Occupied HU | 2,591 (57.3%) |
| Vacant Housing Units | 417 ( 9.2%) |
| Median Home Value | $343,095 |
| Average Home Value | $377,229 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
1,646
Multi-Family
2,127
Businesses
373
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
Multi Family
Built in 1890
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12204, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 1,515 (33.5%) |
| Renter Occupied HU | 2,591 (57.3%) |
| Vacant Housing Units | 417 ( 9.2%) |
| Median Home Value | $343,095 |
| Average Home Value | $377,229 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
1,646
Multi-Family
2,127
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices