854 Park AvenueAlbanyNY12208
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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
Rental property for sale in Albany at 854 Park Avenue, Albany, NY, 12208 priced at $274,900 pairs $2,584/mo rent with $749/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,584/mo, and annual cash flow comes to $8,985/yr on $91,129 invested. Return on cash invested is 29.77% in year one, and rental yield stands at 11.28% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 156.35% and total cumulative return in cash reaches $142,479. For financing, Ziffy Mortgage’s DSCR program evaluates $2,584/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12208, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 4,175 (38.1%) |
| Renter Occupied HU | 5,550 (50.6%) |
| Vacant Housing Units | 1,238 (11.3%) |
| Median Home Value | $269,651 |
| Average Home Value | $313,159 |
Housing Distribution
Address Breakdown
Residential
10,053
Single Family
7,877
Multi-Family
2,176
Businesses
404
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