Fix And Flip Investment Properties for Sale in Troy, NY
519- 2 Bed
- 2 Bath
- 1482 sft
667- 5 Bed
- 2 Bath
- 2200 sft
1357- 5 Bed
- 2 Bath
- 1705 sft
112- 3 Bed
- 2 Bath
- 1188 sft
Why Invest in Troy, New York?
Troy, NY offers strong potential for fix-and-flip investors targeting undervalued properties in a competitive market. Homes sell quickly, often within 16 days, with median prices around $220K providing room for value-add renovations. Recent data shows cap rates near 7.8% in the Albany-Schenectady-Troy metro, supporting solid returns. Appreciation trends at 3.8% annually enhance flip profitability. Renter occupancy remains high at about 60%, ensuring demand post-flip.
Frequently Asked Questions
Yes, Troy's competitive market with quick sales (16 days average) and median prices at $220K suits fix-and-flip strategies. Renovation potential in older homes yields strong ROI amid 3.8% appreciation. High renter demand supports post-flip rentals if needed.
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