63 Clermont 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
Investment property for sale in Albany at 63 Clermont Street, Albany, NY, 12203 listed at $269,900 pairs $2,717/mo rent with a $1,321/mo payment to leave $915/mo cash flow. Total monthly income runs $2,717/mo, and annual cash flow reaches $10,976/yr on $89,472 cash to close. Return on cash invested measures 32.18% in year one, and rental yield registers 12.08% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 169.28% and total cumulative return in cash totals $151,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,717/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
8,712 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