89 Benson StAlbanyNY12206
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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
Rental property for sale in Albany at 89 Benson St, Albany, NY, 12206 offers $1,987/mo rent that, after a $986/mo payment, leaves $642/mo cash flow. Total monthly income is $1,987/mo, and annual cash flow is $7,700/yr on $66,797 cash. Return on cash invested measures 31.44% in year one, and rental yield stands at 11.83% at a $201,500 entry. Equity gained on principal adds $1,300/yr while 5% annual appreciation compounds into $55,671 by year five. Five-year ROI records 165.33% and total cumulative return in cash reaches $110,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,987/mo property income versus a $986/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12206, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 1,537 (18.1%) |
| Renter Occupied HU | 5,509 (64.8%) |
| Vacant Housing Units | 1,462 (17.2%) |
| Median Home Value | $173,929 |
| Average Home Value | $228,710 |
Housing Distribution
Address Breakdown
Residential
6,652
Single Family
5,533
Multi-Family
1,119
Businesses
816
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