95 3rd StreetAlbanyNY12210
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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 Albany at 95 3rd Street, Albany, NY, 12210 uses $56,024 cash to close to unlock $7,603/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $827/mo payment keeps the spread at $634/mo. Purchase price stands at $169,000, and rental yield measures 12.51% with $1,762/mo rent. Return on cash invested shows 33.48% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 176.3% and total cumulative return in cash records $98,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $827/mo payment rather than investor’s personal income.
Multi Family
Built in 1862
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12210, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,472 (100%) |
| Owner Occupied HU | 975 (15.1%) |
| Renter Occupied HU | 4,547 (70.3%) |
| Vacant Housing Units | 950 (14.7%) |
| Median Home Value | $274,846 |
| Average Home Value | $306,108 |
Housing Distribution
Address Breakdown
Residential
5,448
Single Family
3,336
Multi-Family
2,112
Businesses
512
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