Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Albany at 149 Dove Street, Albany, NY, 12202 offers $3,062/mo rent that, after a $1,957/mo payment, leaves $392/mo cash flow. Total monthly income is $3,062/mo, and annual cash flow is $4,702/yr on $132,567 cash. Return on cash invested measures 23.46% in year one, and rental yield stands at 9.19% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 122.5% and total cumulative return in cash reaches $162,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,062/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
1,306 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 12202, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 1,027 (19.6%) |
| Renter Occupied HU | 3,599 (68.6%) |
| Vacant Housing Units | 620 (11.8%) |
| Median Home Value | $149,237 |
| Average Home Value | $190,342 |
Housing Distribution
Address Breakdown
Residential
4,508
Single Family
3,389
Multi-Family
1,119
Businesses
262
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-11 | Listed for sale | $399,900 |
| 2020-10-27 | Sold | $235,000 |
| 2020-09-09 | Pending sale | $249,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-11 | N/A | N/A | $271,000 | 58.48% |
| 2023-09-11 | N/A | N/A | $171,000 | N/A |
| 2022-09-11 | N/A | N/A | $171,000 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1910
- Architectural Style: N/A
- Building Area: 2,200
- Living Area: 2,200 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: None
- Parking Features: N/A
Location
- City: Albany
- Subdivision: N/A
- Lot Size: 1,306 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: Albany
Listed by: Stephen M McCormick • Empire Real Estate Managment LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202525603
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker