21 Nicholas DriveAlbanyNY12205
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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 21 Nicholas Drive, Albany, NY, 12205 at $339,000 posts ROI 27.62% with $722/mo cash flow from $2,986/mo rent. Total monthly income equals $2,986/mo, and annual cash flow records $8,669/yr on $112,379 to close. Return on cash invested measures 27.62% and rental yield reads 10.57% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 144.89% and total cumulative return in cash totals $162,820.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12205, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,405 (100%) |
| Owner Occupied HU | 8,074 (65.1%) |
| Renter Occupied HU | 3,698 (29.8%) |
| Vacant Housing Units | 633 ( 5.1%) |
| Median Home Value | $282,793 |
| Average Home Value | $315,310 |
Housing Distribution
Address Breakdown
Residential
12,022
Single Family
10,661
Multi-Family
1,361
Businesses
2,392
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