17 Wayne StreetTroyNY12180
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
Rental property for sale in Troy at 17 Wayne Street, Troy, NY, 12180 generates $1,999/mo in rent and, after a $1,065/mo payment, leaves $546/mo in cash flow. Total monthly income is $1,999/mo, and annual cash flow is $6,554/yr on $72,101 invested. Return on cash invested sits at 29% in year one, and rental yield is 11.03% on a $217,500 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 152.28% and total cumulative return in cash sums $109,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12180, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,432 (100%) |
| Owner Occupied HU | 10,017 (37.9%) |
| Renter Occupied HU | 13,243 (50.1%) |
| Vacant Housing Units | 3,172 (12.0%) |
| Median Home Value | $263,950 |
| Average Home Value | $328,907 |
Housing Distribution
Address Breakdown
Residential
22,996
Single Family
17,432
Multi-Family
5,564
Businesses
1,424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices