872 8th 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 872 8th Avenue, Troy, NY, 12182 uses $46,079 cash to close to unlock $23,713/yr annual cash flow and $1,976/mo monthly cash flow. Total monthly income runs $2,904/mo, and a $680/mo payment keeps the spread at $1,976/mo. Purchase price stands at $139,000, and rental yield measures 25.07% with $2,904/mo rent. Return on cash invested shows 71.37% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 379.56% and total cumulative return in cash records $174,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,904/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.47 Acres 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