178A Delaware 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 178A Delaware Avenue, Albany, NY, 12209 with 5% annual appreciation on a $415,000 basis while $2,280/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 6.59%. Five-year ROI measures 80.5% and total cumulative return in cash totals $110,745. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1965
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices