419 Hackett BoulevardAlbanyNY12208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 419 Hackett Boulevard, Albany, NY, 12208 uses $125,639 cash to close to unlock $22,273/yr annual cash flow and $1,856/mo monthly cash flow. Total monthly income runs $4,387/mo, and a $1,855/mo payment keeps the spread at $1,856/mo. Purchase price stands at $379,000, and rental yield measures 13.89% with $4,387/mo rent. Return on cash invested shows 37.64% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 198.58% and total cumulative return in cash records $249,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,387/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12208, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,175 (38.1%) |
| Renter Occupied HU | 5,550 (50.6%) |
| Vacant Housing Units | 1,238 (11.3%) |
| Median Home Value | $269,651 |
| Average Home Value | $313,159 |
Housing Distribution
Address Breakdown
Residential
10,053
Single Family
7,877
Multi-Family
2,176
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pavel Karakalchu • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421056
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker