Under $200K Investment Properties for Sale in Troy, NY
703- 9 Bed
- 3 Bath
- 3666 sft
193- 3 Bed
- 1 Bath
- 856 sft
210- 3 Bed
- 2 Bath
- 1440 sft
519- 2 Bed
- 2 Bath
- 1482 sft
Why Invest in Troy, New York?
Troy, NY offers strong investment opportunities in homes under $200k, particularly for student rentals near Rensselaer Polytechnic Institute (RPI). Properties in this price range often generate solid rental yields with low entry costs. Average rents around $2,200/month for multi-bedroom units support cap rates of 8-10%. Proximity to Albany provides workforce demand while keeping acquisition prices accessible. Annual appreciation of 4-5% adds long-term value for cash-flow focused investors.
Frequently Asked Questions
Yes, multiple single-family and multi-bedroom homes under $200k are available, ideal for rentals. Many suit student housing near RPI with proven $2,200/month income. Inventory includes 3-6 bedroom properties with parking.
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