55 Lexington AveAlbanyNY12206
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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 55 Lexington Ave, Albany, NY, 12206 listed at $124,500 pairs $1,987/mo rent with a $609/mo payment to leave $1,156/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $13,872/yr on $41,272 cash to close. Return on cash invested measures 53.52% in year one, and rental yield registers 19.15% at a $124,500 basis. Equity gained on principal adds $803/yr, and annual property appreciation at 5% supports $34,397 by year five. Five-year ROI tracks 283.73% and total cumulative return in cash totals $117,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $609/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
3,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12206, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 1,537 (18.1%) |
| Renter Occupied HU | 5,509 (64.8%) |
| Vacant Housing Units | 1,462 (17.2%) |
| Median Home Value | $173,929 |
| Average Home Value | $228,710 |
Housing Distribution
Address Breakdown
Residential
6,652
Single Family
5,533
Multi-Family
1,119
Businesses
816
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