343 Madison AvenueAlbanyNY12210
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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 343 Madison Avenue, Albany, NY, 12210 listed at $350,000 pairs $1,592/mo rent with a $1,713/mo payment. Total monthly income runs $1,592/mo. Return on cash invested measures 12.2% in year one, and rental yield registers 5.46% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 62.15% and total cumulative return in cash totals $72,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,592/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1851
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12210, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,472 (100%) |
| Owner Occupied HU | 975 (15.1%) |
| Renter Occupied HU | 4,547 (70.3%) |
| Vacant Housing Units | 950 (14.7%) |
| Median Home Value | $274,846 |
| Average Home Value | $306,108 |
Housing Distribution
Address Breakdown
Residential
5,448
Single Family
3,336
Multi-Family
2,112
Businesses
512
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