18 Delaware TerraceAlbanyNY12209
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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 18 Delaware Terrace, Albany, NY, 12209 at $245,000 posts ROI 27.09% with $486/mo cash flow from $2,122/mo rent. Total monthly income equals $2,122/mo, and annual cash flow records $5,833/yr on $81,218 to close. Return on cash invested measures 27.09% and rental yield reads 10.39% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 142.05% and total cumulative return in cash totals $115,368.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1935
5,227 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
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Listed by: Wayne A Newcomb, Jr. • Newcomb Realty Group LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202518441
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