24 Kent StreetAlbanyNY12206
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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 24 Kent Street, Albany, NY, 12206 priced at $239,999 pairs $1,986/mo rent with $383/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,986/mo, and annual cash flow comes to $4,596/yr on $79,560 invested. Return on cash invested is 25.69% in year one, and rental yield stands at 9.93% on a $239,999 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,307 by year five. Five-year ROI measures 134.45% and total cumulative return in cash reaches $106,970. For financing, Ziffy Mortgage’s DSCR program evaluates $1,986/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12206, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 1,537 (18.1%) |
| Renter Occupied HU | 5,509 (64.8%) |
| Vacant Housing Units | 1,462 (17.2%) |
| Median Home Value | $173,929 |
| Average Home Value | $228,710 |
Housing Distribution
Address Breakdown
Residential
6,652
Single Family
5,533
Multi-Family
1,119
Businesses
816
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