29 Amsterdam AvenueMenandsNY12204
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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 Menands at 29 Amsterdam Avenue, Menands, NY, 12204 priced at $259,000 converts $2,489/mo rent into $759/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,489/mo, and annual cash flow totals $9,109/yr on $85,859 invested. Return on cash invested prints 30.52% in year one, and rental yield reads 11.53% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 160.43% and total cumulative return in cash sums $137,740. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,489/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1945
5,662 sqft 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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