39 Northgate DriveAlbanyNY12203
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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 39 Northgate Drive, Albany, NY, 12203 earns $126/mo cash flow from $2,796/mo rent with a $1,957/mo payment. Total monthly income totals $2,796/mo, and annual cash flow totals $1,510/yr on $132,567 capital. ROI tracks 21.05% on current figures, and rental yield reads 8.39% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 109.58% and total cumulative return in cash sums $145,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,796/mo property income instead of your personal income.
Single Family
Built in 1964
0.34 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
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