22 Frances LaneAlbanyNY12203
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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 22 Frances Lane, Albany, NY, 12203 uses $165,750 cash to close to unlock $8,980/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $4,087/mo, and a $2,447/mo payment keeps the spread at $748/mo. Purchase price stands at $500,000, and rental yield measures 9.81% with $4,087/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 132.54% and total cumulative return in cash records $219,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,087/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12203, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,698 (100%) |
| Owner Occupied HU | 6,369 (43.3%) |
| Renter Occupied HU | 6,571 (44.7%) |
| Vacant Housing Units | 1,758 (12.0%) |
| Median Home Value | $294,068 |
| Average Home Value | $333,087 |
Housing Distribution
Address Breakdown
Residential
13,294
Single Family
10,497
Multi-Family
2,797
Businesses
1,260
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