23 Hampton StreetAlbanyNY12209
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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
Rental property for sale in Albany at 23 Hampton Street, Albany, NY, 12209 offers $1,892/mo rent that, after a $1,395/mo payment. Total monthly income is $1,892/mo. Return on cash invested measures 19.77% in year one, and rental yield stands at 7.97% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 102.72% and total cumulative return in cash reaches $97,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,892/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1913
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12209, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,879 (100%) |
| Owner Occupied HU | 2,479 (50.8%) |
| Renter Occupied HU | 2,001 (41.0%) |
| Vacant Housing Units | 399 ( 8.2%) |
| Median Home Value | $206,556 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
4,234
Single Family
4,088
Multi-Family
146
Businesses
133
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Listed by: Leah A Slocum • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202517687
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