267 Myrtle AvenueAlbanyNY12208
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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 267 Myrtle Avenue, Albany, NY, 12208 earns from $2,006/mo rent with a $1,615/mo payment. Total monthly income totals $2,006/mo. ROI tracks 17.74% on current figures, and rental yield reads 7.29% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 91.88% and total cumulative return in cash sums $100,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,006/mo property income instead of your personal income.
Multi Family
Built in 1914
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12208, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,175 (38.1%) |
| Renter Occupied HU | 5,550 (50.6%) |
| Vacant Housing Units | 1,238 (11.3%) |
| Median Home Value | $269,651 |
| Average Home Value | $313,159 |
Housing Distribution
Address Breakdown
Residential
10,053
Single Family
7,877
Multi-Family
2,176
Businesses
404
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Listed by: Samantha M Curry • New Scotland Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202426503
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