6 Ichabod LaneAlbanyNY12211
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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 6 Ichabod Lane, Albany, NY, 12211 earns $781/mo cash flow from $3,919/mo rent with a $2,300/mo payment. Total monthly income totals $3,919/mo, and annual cash flow totals $9,372/yr on $155,772 capital. ROI tracks 25.93% on current figures, and rental yield reads 10.01% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 135.77% and total cumulative return in cash sums $211,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,919/mo property income instead of your personal income.
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12211, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,691 (79.5%) |
| Renter Occupied HU | 732 (15.8%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $409,371 |
| Average Home Value | $514,192 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,474
Multi-Family
31
Businesses
407
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