204 206 2nd AvenueTroyNY12180
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 Troy at 204 206 2nd Avenue, Troy, NY, 12180 earns from $3,300/mo rent with a $5,629/mo payment. Total monthly income totals $3,300/mo. ROI tracks 6.26% on current figures, and rental yield reads 3.44% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 30.24% and total cumulative return in cash sums $112,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Multi Family
Built in 1920
0.37 Acres 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