57 Grandview TerraceAlbanyNY12202
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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
Rental property for sale in Albany at 57 Grandview Terrace, Albany, NY, 12202 generates $2,474/mo in rent and, after a $773/mo payment, leaves $1,419/mo in cash flow. Total monthly income is $2,474/mo, and annual cash flow is $17,031/yr on $52,377 invested. Return on cash invested sits at 52.42% in year one, and rental yield is 18.79% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 277.93% and total cumulative return in cash sums $145,570. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1932
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12202, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 1,027 (19.6%) |
| Renter Occupied HU | 3,599 (68.6%) |
| Vacant Housing Units | 620 (11.8%) |
| Median Home Value | $149,237 |
| Average Home Value | $190,342 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
3,389
Multi-Family
1,119
Businesses
262
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Listed by: Bianca X Ansari • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202415010
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