206 N Pearl Street APT 102AlbanyNY12207
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 Albany at 206 N Pearl Street APT 102, Albany, NY, 12207 generates $1,366/mo in rent and, after a $842/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,366/mo, and annual cash flow is $2,607/yr on $57,018 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.53% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash sums $73,033. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,366/mo property income rather than buyer’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12207, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 114 ( 4.9%) |
| Renter Occupied HU | 1,809 (77.7%) |
| Vacant Housing Units | 405 (17.4%) |
| Median Home Value | $262,500 |
| Average Home Value | $247,697 |
Housing Distribution
Address Breakdown
Residential
1,786
Single Family
411
Multi-Family
1,375
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices