928 Third 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
Investment property for sale in Troy at 928 Third Avenue, Troy, NY, 12182 uses $82,544 cash to close to unlock $9,935/yr annual cash flow and $828/mo monthly cash flow. Total monthly income runs $2,491/mo, and a $1,219/mo payment keeps the spread at $828/mo. Purchase price stands at $249,000, and rental yield measures 12% with $2,491/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 168.01% and total cumulative return in cash records $138,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,491/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1951
9,583 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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