705 Burden AvenueTroyNY12180
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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 Troy at 705 Burden Avenue, Troy, NY, 12180 uses $64,609 cash to close to unlock $19,925/yr annual cash flow and $1,660/mo monthly cash flow. Total monthly income runs $2,962/mo, and a $954/mo payment keeps the spread at $1,660/mo. Purchase price stands at $194,900, and rental yield measures 18.24% with $2,962/mo rent. Return on cash invested shows 50.75% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 268.91% and total cumulative return in cash records $173,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $954/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12180, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,432 (100%) |
| Owner Occupied HU | 10,017 (37.9%) |
| Renter Occupied HU | 13,243 (50.1%) |
| Vacant Housing Units | 3,172 (12.0%) |
| Median Home Value | $263,950 |
| Average Home Value | $328,907 |
Housing Distribution
Address Breakdown
Residential
22,996
Single Family
17,432
Multi-Family
5,564
Businesses
1,424
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Listed by: Alexandria Sifontes • Realty One Group Key
Mls Name: Global MLS
Mls Provider:
Mls ID: #202419314
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