16 Brookside AvenueMenandsNY12204
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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 Menands at 16 Brookside Avenue, Menands, NY, 12204 earns $0/mo cash flow from $2,999/mo rent with a $2,198/mo payment. Total monthly income totals $2,999/mo, and annual cash flow totals $3/yr on $148,844 capital. ROI tracks 19.91% on current figures, and rental yield reads 8.02% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 103.51% and total cumulative return in cash sums $154,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,999/mo property income instead of your personal income.
Single Family
Built in 1886
0.31 Acres 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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