150 Franklin StAlbanyNY12202
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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
Investment property for sale in Albany at 150 Franklin St, Albany, NY, 12202 uses $39,117 cash to close to unlock $16,003/yr annual cash flow and $1,334/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $578/mo payment keeps the spread at $1,334/mo. Purchase price stands at $118,000, and rental yield measures 21.58% with $2,122/mo rent. Return on cash invested shows 60.82% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 322.92% and total cumulative return in cash records $126,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $578/mo payment rather than investor’s personal income.
Multi Family
Built in 1834
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12202, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 1,027 (19.6%) |
| Renter Occupied HU | 3,599 (68.6%) |
| Vacant Housing Units | 620 (11.8%) |
| Median Home Value | $149,237 |
| Average Home Value | $190,342 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
3,389
Multi-Family
1,119
Businesses
262
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