27 Northgate DriveAlbanyNY12203
Nearby investment properties with comparable rents
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 Albany at 27 Northgate Drive, Albany, NY, 12203 listed at $385,000 pairs $3,384/mo rent with a $1,884/mo payment to leave $813/mo cash flow. Total monthly income runs $3,384/mo, and annual cash flow reaches $9,761/yr on $127,628 cash to close. Return on cash invested measures 27.56% in year one, and rental yield registers 10.55% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 144.5% and total cumulative return in cash totals $184,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,384/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices