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Home Type: Single Family
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$385,000  
5 bds • 2 ba • 2356 sqft
85 S Pine Avenue, Albany, NY, 12208
6.7%
Gross Yield
15.9%
ROI
$2,155 /m
Est. Rent
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Albany at 85 S Pine Avenue, Albany, NY, 12208 at $385,000 posts ROI 16% with from $2,155/mo rent. Total monthly income equals $2,155/mo. Return on cash invested measures 16% and rental yield reads 6.72% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 82.53% and total cumulative return in cash totals $105,334. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Multi Family

Built in 1907

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity in Albany's historic Pine Hills neighborhood. This well-maintained two-family sits on a quiet, tree-lined street close to shopping, colleges, and hospitalsideal for owner-occupants or investors alike. The first-floor unit features hardwood and ceramic tile floors, three bedrooms, a full bath, kitchen, and rear den. The current tenant has renewed through April 2027, providing secure long-term income. The second-floor unit offers a similar layout with two bedrooms, generous living and dining space, and a bright, open feel. The current lease runs through January 2026. Both units enjoy separate utilities, washer/dryer combos in the basement, and natural gas heat. Additional highlights include a newer boiler, structurally sound porches, and public water and sewer. Strong rental history, well cared for by long-term owners. Prior-day notice required for all showings.

Neighborhood Data

Neighborhood data shown for ZIP Code: 12208, Albany, NY area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)10,963 (100%)
Owner Occupied HU4,175 (38.1%)
Renter Occupied HU5,550 (50.6%)
Vacant Housing Units1,238 (11.3%)
Median Home Value$269,651
Average Home Value$313,159

Address Breakdown

Residential

10,053

Single Family

7,877

Multi-Family

2,176

Businesses

404

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
MLO
MLO
MLO
Powered by
Ziffy Mortgage
NMLS #2625701
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Facts & Features

General Information

  • Type: MultiFamily
  • Year Built: 1907
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: None

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: 5,662 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: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Nicholas W Miuccio • Miuccio Real Estate Group 

Mls Name: Global MLS

Mls ID: #202529131

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