243 BroadwayMenandsNY12204
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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 Menands at 243 Broadway, Menands, NY, 12204 at $279,000 posts ROI 27.78% with $606/mo cash flow from $2,470/mo rent. Total monthly income equals $2,470/mo, and annual cash flow records $7,277/yr on $92,489 to close. Return on cash invested measures 27.78% and rental yield reads 10.62% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 145.7% and total cumulative return in cash totals $134,755.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12204, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 1,515 (33.5%) |
| Renter Occupied HU | 2,591 (57.3%) |
| Vacant Housing Units | 417 ( 9.2%) |
| Median Home Value | $343,095 |
| Average Home Value | $377,229 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
1,646
Multi-Family
2,127
Businesses
373
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