205 North Ridge EstatesTroyNY12182
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 205 North Ridge Estates, Troy, NY, 12182 at $274,900 posts ROI 27.61% with $585/mo cash flow from $2,420/mo rent. Total monthly income equals $2,420/mo, and annual cash flow records $7,017/yr on $91,129 to close. Return on cash invested measures 27.61% and rental yield reads 10.56% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 144.77% and total cumulative return in cash totals $131,931.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12182, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 3,405 (47.7%) |
| Renter Occupied HU | 2,901 (40.7%) |
| Vacant Housing Units | 828 (11.6%) |
| Median Home Value | $225,465 |
| Average Home Value | $278,897 |
Housing Distribution
Address Breakdown
Residential
6,511
Single Family
5,718
Multi-Family
793
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices