3 Stonegate CourtAlbanyNY12205
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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 3 Stonegate Court, Albany, NY, 12205 with 5% annual appreciation on a $489,900 basis while $3,356/mo rent supports operations. Total monthly income totals $3,356/mo and a $2,398/mo payment preserves $84/mo for cash returns. Annual cash flow comes to $1,012/yr on $162,402 deployed, and return on cash invested reaches 20.53% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 8.22%. Five-year ROI measures 106.83% and total cumulative return in cash totals $173,501.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,356/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12205, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,405 (100%) |
| Owner Occupied HU | 8,074 (65.1%) |
| Renter Occupied HU | 3,698 (29.8%) |
| Vacant Housing Units | 633 ( 5.1%) |
| Median Home Value | $282,793 |
| Average Home Value | $315,310 |
Housing Distribution
Address Breakdown
Residential
12,022
Single Family
10,661
Multi-Family
1,361
Businesses
2,392
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