902 7th AvenueTroyNY12182
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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 Troy at 902 7th Avenue, Troy, NY, 12182 generates $1,953/mo in rent and, after a $1,282/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,953/mo, and annual cash flow is $2,445/yr on $86,853 invested. Return on cash invested sits at 22.72% in year one, and rental yield is 8.95% on a $262,000 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation builds toward $72,386 over five years. Five-year ROI reaches 118.57% and total cumulative return in cash sums $102,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,953/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
4,791 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
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