14 Jermain StreetAlbanyNY12206
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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 14 Jermain Street, Albany, NY, 12206 offers $3,194/mo rent that, after a $1,394/mo payment, leaves $1,292/mo cash flow. Total monthly income is $3,194/mo, and annual cash flow is $15,503/yr on $94,444 cash. Return on cash invested measures 36.32% in year one, and rental yield stands at 13.45% at a $284,900 entry. Equity gained on principal adds $1,838/yr while 5% annual appreciation compounds into $78,713 by year five. Five-year ROI records 191.49% and total cumulative return in cash reaches $180,851. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,194/mo property income versus a $1,394/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12206, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 1,537 (18.1%) |
| Renter Occupied HU | 5,509 (64.8%) |
| Vacant Housing Units | 1,462 (17.2%) |
| Median Home Value | $173,929 |
| Average Home Value | $228,710 |
Housing Distribution
Address Breakdown
Residential
6,652
Single Family
5,533
Multi-Family
1,119
Businesses
816
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