15 Oneida TerraceAlbanyNY12209
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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 15 Oneida Terrace, Albany, NY, 12209 priced at $174,900 pairs $1,806/mo rent with $638/mo cash flow after a $856/mo payment. Total monthly income equals $1,806/mo, and annual cash flow comes to $7,657/yr on $57,979 invested. Return on cash invested is 33.12% in year one, and rental yield stands at 12.39% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 174.37% and total cumulative return in cash reaches $101,100. For financing, Ziffy Mortgage’s DSCR program evaluates $1,806/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1870
2,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12209, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,879 (100%) |
| Owner Occupied HU | 2,479 (50.8%) |
| Renter Occupied HU | 2,001 (41.0%) |
| Vacant Housing Units | 399 ( 8.2%) |
| Median Home Value | $206,556 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
4,234
Single Family
4,088
Multi-Family
146
Businesses
133
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