213 Shaker RoadAlbanyNY12211
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 Albany at 213 Shaker Road, Albany, NY, 12211 listed at $257,500 pairs $2,305/mo rent with a $1,260/mo payment to leave $586/mo cash flow. Total monthly income runs $2,305/mo, and annual cash flow reaches $7,029/yr on $85,361 cash to close. Return on cash invested measures 28.14% in year one, and rental yield registers 10.74% at a $257,500 basis. Equity gained on principal adds $1,662/yr, and annual property appreciation at 5% supports $71,143 by year five. Five-year ROI tracks 147.65% and total cumulative return in cash totals $126,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,305/mo property income relative to a $1,260/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12211, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,691 (79.5%) |
| Renter Occupied HU | 732 (15.8%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $409,371 |
| Average Home Value | $514,192 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,474
Multi-Family
31
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jillian Breck • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202523666
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