150 Cardinal AvenueAlbanyNY12209
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
Investment Highlights
Investment property for sale in Albany at 150 Cardinal Avenue, Albany, NY, 12209 at $260,000 posts ROI 33.56% with $980/mo cash flow from $2,717/mo rent. Total monthly income equals $2,717/mo, and annual cash flow records $11,764/yr on $86,190 to close. Return on cash invested measures 33.56% and rental yield reads 12.54% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 176.71% and total cumulative return in cash totals $152,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,717/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1865
0.26 Acres 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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Listed by: Diane E Sluus • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202521378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker