8 Providence Street, Albany, NY, 12203 | 7.49% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,303/mo, and a $1,806/mo payment. Purchase price stands at $369,000, and rental yield measures 7.49% with $2,303/mo rent. Return on cash invested shows 18.33% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 95% and total cumulative return in cash records $116,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,303/mo property income covering a $1,806/mo payment rather than investor’s personal income.

Single Family

Built in 1944

0.30 Acres 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