59 N Allen StreetAlbanyNY12203
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
Rental property for sale in Albany at 59 N Allen Street, Albany, NY, 12203 priced at $315,000 pairs $1,907/mo rent with after a $1,542/mo payment. Total monthly income equals $1,907/mo. Return on cash invested is 17.65% in year one, and rental yield stands at 7.26% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 91.39% and total cumulative return in cash reaches $95,429. For financing, Ziffy Mortgage’s DSCR program evaluates $1,907/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1904
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12203, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,698 (100%) |
| Owner Occupied HU | 6,369 (43.3%) |
| Renter Occupied HU | 6,571 (44.7%) |
| Vacant Housing Units | 1,758 (12.0%) |
| Median Home Value | $294,068 |
| Average Home Value | $333,087 |
Housing Distribution
Address Breakdown
Residential
13,294
Single Family
10,497
Multi-Family
2,797
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
