131 Van Rensselaer BoulevardAlbanyNY12204
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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 131 Van Rensselaer Boulevard, Albany, NY, 12204 priced at $395,000 pairs $2,987/mo rent with $350/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,987/mo, and annual cash flow comes to $4,195/yr on $130,943 invested. Return on cash invested is 23.11% in year one, and rental yield stands at 9.07% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 120.68% and total cumulative return in cash reaches $158,022. For financing, Ziffy Mortgage’s DSCR program evaluates $2,987/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
7,405 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
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