Albany, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Albany, NY. Based on 20+ datapoints.
Albany, NY Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-6.7%
Median Cashflow
-$367/mo
Avg Rent Estimate
$2,433/mo
Avg Price
$338,875
Price Range
$179,900 - $552,100
Rent to Price
0.72%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Albany, NY
Albany, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.9%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 20+ analyzed properties, the median monthly cashflow in Albany, NY is -$367 with average rents of $2,433/month. Properties range from $179,900 to $552,100, offering entry points across multiple investment budgets.
Albany, NY Rental Market Insights
- •Median cashflow is -$367/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Albany, NY requires selective property picks
- •Mid-to-upper tier market with properties from $179,900 to $552,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs