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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 250A Sand Creek Road Road, Albany, NY, 12205 with 5% annual appreciation on a $340,000 basis while $4,394/mo rent supports operations. Total monthly income totals $4,394/mo and a $1,664/mo payment preserves $2,124/mo for cash returns. Annual cash flow comes to $25,484/yr on $112,710 deployed, and return on cash invested reaches 42.52% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 15.51%. Five-year ROI measures 224.74% and total cumulative return in cash totals $253,302.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,394/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.52 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 12205, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,405 (100%) |
| Owner Occupied HU | 8,074 (65.1%) |
| Renter Occupied HU | 3,698 (29.8%) |
| Vacant Housing Units | 633 ( 5.1%) |
| Median Home Value | $282,793 |
| Average Home Value | $315,310 |
Housing Distribution
Address Breakdown
Residential
12,022
Single Family
10,661
Multi-Family
1,361
Businesses
2,392
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Listed for sale | $340,000 |
| 2021-06-02 | Sold | $297,000 |
| 2021-04-01 | Pending sale | $299,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | N/A | N/A | $116,200 | N/A |
| 2022-09-16 | N/A | N/A | $116,200 | N/A |
| 2021-09-16 | N/A | N/A | $116,200 | N/A |
Nearby investment properties with comparable rents
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1965
- Architectural Style: Ranch
- Building Area: 1,400
- Living Area: 1,400 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Natural Gas
- Cooling: None
- Flooring: N/A
- Interior Features: Other
- Exterior Features: N/A
- Parking Features: Off Street, Paved
Location
- City: Albany
- Subdivision: N/A
- Lot Size: 0.52 Acres
- 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: Colonie Central HS
Listed by: Shawn Pepe • Tech Valley Realty Group LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202424566
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