52 Philip StAlbanyNY12207
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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 52 Philip St, Albany, NY, 12207 uses $48,608 cash to close to unlock $8,250/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $718/mo payment keeps the spread at $688/mo. Purchase price stands at $146,630, and rental yield measures 13.64% with $1,667/mo rent. Return on cash invested shows 36.88% in year one, and 5% annual appreciation builds toward $40,511 over five years. Five-year ROI reaches 194.54% and total cumulative return in cash records $94,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $718/mo payment rather than investor’s personal income.
Multi Family
Built in 1860
1,111 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12207, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 114 ( 4.9%) |
| Renter Occupied HU | 1,809 (77.7%) |
| Vacant Housing Units | 405 (17.4%) |
| Median Home Value | $262,500 |
| Average Home Value | $247,697 |
Housing Distribution
Address Breakdown
Residential
1,786
Single Family
411
Multi-Family
1,375
Businesses
903
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