39 Reber StreetAlbanyNY12205
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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 Reber Street, Albany, NY, 12205 uses $74,554 cash to close to unlock $12,515/yr annual cash flow and $1,043/mo monthly cash flow. Total monthly income runs $2,545/mo, and a $1,101/mo payment keeps the spread at $1,043/mo. Purchase price stands at $224,900, and rental yield measures 13.58% with $2,545/mo rent. Return on cash invested shows 36.7% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 193.49% and total cumulative return in cash records $144,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,545/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,969 sqft 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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