714 3rd AvenueTroyNY12182
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 Troy at 714 3rd Avenue, Troy, NY, 12182 offers a 9.34% rental yield on a $129,900 purchase with $1,011/mo rent. Total monthly income registers $1,011/mo, and a $636/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,720/yr on $43,062 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 124.97% and total cumulative return in cash at $53,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,011/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12182, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 3,405 (47.7%) |
| Renter Occupied HU | 2,901 (40.7%) |
| Vacant Housing Units | 828 (11.6%) |
| Median Home Value | $225,465 |
| Average Home Value | $278,897 |
Housing Distribution
Address Breakdown
Residential
6,511
Single Family
5,718
Multi-Family
793
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas R Trevett • Trevett Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202522240
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